A rule aimed at protecting small investors who buy U.S. commodity contracts from retail brokers will go into effect.
Republicans on the House Financial Services Committee are watching carefully to see how the SEC proceeds with a rule that would subject broker-dealers to a fiduciary duty.
A Republican commissioner on the Financial Crisis Inquiry Commission urged his colleagues to make sure the panel's conclusions would “not undermine” his party's efforts in the U.S. House to change or repeal the Dodd-Frank Act.
Let the good times roll. After several lousy years, revenues and assets under management for RIAs hit an all-time high in 2010. More of the same to come?
The commodities rout that knocked off $99 billion of market value two weeks ago is driving out speculators and leading The Goldman Sachs Group Inc., which forecast the plunge, to predict a possible recovery
Sweepstakes for brokerage said to be down to two P/E firms; parent Regions reportedly offering to help finance the deal
Last dance for Florida firm that hawked Provident Reg D offering; lawyer claims Finra was the bigger problem, however
Claim custody bank defrauded customers in foreign currency transactions; 'virtually worst rates of the day'
The surprise departure of the CEO of BNY Mellon does not indicate any change of strategy for the custody bank -- or its clearing unit -- said a Pershing insider.
The latest: First Allied purchased by Lovell Minnick Partners and brokerage's management team
Legendary investor George Soros is trading in his hedge fund firm for -- a family office. Of course, this family office boasts $24 billion in assets under management.
Baffico exits: sources claim that fund firm will meld Claymore, Rydex
Now sitting on nearly $2 trillion in assets; it was a very good year for BNP Paribas
Investors were more like bridesmaids than brides in June. Stocks, bonds and commodities all fell, marking the first monthly decline for all three since 2009.
Bank of America Corp.'s retirement services head Andrew Sieg will now be responsible for a unit managing investment products.
As the Labor Department prepares to issue stricter rules for the retirement fund industry, financial advisers at RIA firms are licking their chops over the prospect of poaching business from broker-dealers and insurance agents
For decades, the Consumer Federation of America has fought for greater SEC monitoring of investment advisers. But with the commission facing funding woes, the consumer group sees the writing on the wall-- and it says 'SRO.'
Apparently, the new normal is not so bad for famed Pimco fund manager Bill Gross. According to reports, the bond king has purchased actress Jennifer Aniston's Beverly Hills house for $38 million.
Fees fall for stock and money market funds; charges for fixed-income offerings hold steady
