A U.S. appeals court ruled on Wednesday that Finra has no legal right to go to court to collect fines levied on B-Ds or reps. Okay, now what? | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110915&Category=FREE&ArtNo=915009999&Ref=PH>States with the highest taxes</a>
A New York man who wrote a self-help book after pleading guilty to fraud more than a decade ago stands accused of running a $26 million Ponzi scheme to pay back victims of his earlier fraud.
Richard Bove, a banking analyst with Rochedale Securities LLC, is expecting a bleak year for investment banks and brokerages, and suggests that financial advisers can expect less support from their parent firms and will see fewer opportunities to sign lucrative deals with competitors.
The Commodity Futures Trading Commission today slapped a Miami man with fraud charges and other allegations, claiming that he ran a phony $3 million commodity pool.
The FBI is investigating two former Edward Jones brokers based in South Dakota for their role in a “selling-away” case that involved raising money from clients who invested in an alleged Ponzi scheme.
Bank of America's 'New BAC' plan, which saw wealth management head Sallie Krawcheck ousted last week, will also include the elimination of some 30,000 jobs over the next few years in an effort to save about $5 billion in annual costs by the end of 2013.
Bank of America Merrill Lynch brokers might want to pray a little longer and a lot harder after last week's sacking of Sallie Krawcheck, who headed BofA's wealth management division
Sales of indexed annuities surged to $8.4 billion, growing 18% from the first quarter. Meanwhile, income annuities climbed 30% to $2.3 billion during the same period.
Financial advisers are recommending a mix of tools to fund college tuition, the most popular of which are Section 529 college savings plans and trust accounts, according to a new survey.
Aviva Life & Annuity Co. this month amended its lawsuit against six insurance agents in an alleged charity-owned life insurance scheme, claiming that the parishioners of a Los Angeles church were coached to lie to the insurer about the source of premiums for their coverage
Ladenburg Thalmann Financial Services Inc., the prospective owner of Securities America Inc., is offering bonuses to keep the firm's brokers on board and probably won't see an exodus, given the volatility of the stock market
Provision allows deceased to pass on exemption to spouse; expires in 2013
State regulators are intensifying a probe into unpaid benefits after Florida Insurance Commissioner Kevin McCarty said in May that insurers may be keeping at least $1 billion in unclaimed funds.
The black swan was meant to be a rallying cry for preparedness. Instead it has become the opposite: a loathsome excuse for lack of planning by those who should know better.
Advisers are lagging banks and retail brokerages when it comes to providing useful tools on smart phones and tablets — and the average investor notices it.
Rogers says investors should jump on stocks, particularly those in the energy sector; bullion lacks 'any real yield or value'
That retirement calculator on your computer can't be trusted anymore. Here's why.<br><b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20111004&Kategori=FREE&Lopenr=100409999&Ref=PH&Params=Itemnr=1>Tips on tapping Social Security</a>
When it comes to brokerage firm websites, designed to inform investors about their transactions, one of the first things one would think they'd get right would be providing them with their account information. Apparently, they don't.
The justices today turned away an appeal by 17 current and former company financial advisers who sought to press a class action race-discrimination suit against Merrill Lynch.
Hang on for a rough ride as the European sovereign-debt crisis continues
