If you don't have it figured it out, how will your clients/prospects?
Connecticut Sen. Christopher Dodd, a five-term Democrat whose political stock began falling after the financial meltdown and his failed 2008 presidential bid, has decided not to seek re-election in November, Democratic officials told The Associated Press early Wednesday.
A one-sentence provision buried in the sweeping financial services reform legislation passed by the House this month has once again pitted investment adviser groups against brokerage groups.
Securities and Exchange Commission Chairman Mary Schapiro today called for subjecting all securities professionals to the same standards of conduct and licensing requirements.
Life insurance agents' advocacy groups teamed up this month to ask Senate Banking Committee Chairman Christopher Dodd, D-Conn., to reconsider a legislative provision that would require life agents to become registered investment advisers.
Many advisers feel stymied when it comes to adopting social media. But for independent registered investment advisers whose main hurdle has been lack of a low-cost archiving, help is on its way.
Financial advisers love websites and applications that increase their efficiency and improve interactions with clients — even if those online tools are not specifically designed for advisers.
Brokers who provide investment advice would no longer be exempt from registering as investment advisers under draft legislation unveiled today by Senate Banking Committee Chairman Christopher Dodd, D-Conn.
Like everyone else, it seems, many advisers and brokers are atwitter about Twitter, the free social networking utility.
The Federal Reserve meets on Tuesday. Stock pickers assume the overnight rate will still be the same on Wednesday.
The most important issue that Congress needs to get right in overhauling financial services regulation is reform of the over-the-counter-derivatives market, investor advocate Barbara Roper believes.
House lawmakers are ready to clear a significant hurdle in their drive to slap new financial restraints on big Wall Street institutions and to demand greater openness from the nation's central bank.
The SEC has fined independent broker-dealer Woodbury Financial Services Inc. of Woodbury, Minn., $65,000 for a variety of violations of Regulation S-P, which prohibits disclosure of non-public personal information about clients to non-affiliated third parties, such as other broker-dealers.
Lord Abbett & Co. is offering discounts to clients who open an individual retirement account by April 15.
A Southern New Jersey securities broker who operated a $1.8 million investment fraud scheme has been sentenced to more than eight years in prison.
Although Aviva USA Corp. already has an established strength in its lineup of indexed products, the insurer has its eye on the next innovation: a guarantee wrapper with a managed account or 401(k), according to chief executive Christopher J. Littlefield.
U.S. clients with more than 1 million Swiss Francs in offshore accounts with UBS could be ratted out.
Swiss bank UBS AG has been fined 8 million pounds ($13.3 million) for management failures which allowed employees to make unauthorized trades with customers' accounts, Britain's financial regulator said Thursday.
High on the mutual fund industry's “to do” list is defeating legislation that would impose a $150 billion-per-year tax on securities transactions.
