Upstart independent broker-dealer DeWaay Financial Network LLC has landed another top independent registered rep.
Stocks plunged again Thursday as more investors woke up to the possibility that economic problems such as Europe's debt crisis might spread around the world and stop the growing recovery in the U.S.
Copper just slipped into a bear market. If his Ph.D. still carries any clout, the world might follow suit.
A group of Internet con artists masquerading as the Securities and Exchange Commission is swindling investors
As the Senate this week wades through scores of amendments to legislation on financial regulatory reform, lobbyists are going toe-to-toe over applying a fiduciary standard.
The regulators won't actually set compensation. Instead, they would review — and could veto — pay policies that could cause too much risk-taking by executives, traders or loan officers.
The stock market appears to be headed for yet another strange day in May, with share prices plunging, then rallying. then falling again. Given the recent market gyrations, money managers disagree on whether it's time to abandon ship
U.S. prosecutors in Virginia plan to step up pursuit of financial fraud cases, taking advantage of a court holding two years ago that their district has jurisdiction over crimes linked to federal securities filings
Richard Ziegelasch and Wendy Holmes, who managed $258 million in client assets, are on the move to Credit Suisse
Firms will never admit that they lost somebody good or admit that they hired somebody bad.
Rush “Rusty” Benton, who founded WealthTrust LLC in 1997 to buy majority stakes in independent wealth management firms, is stepping down as chief executive officer of the company and will assume the new role of chairman, he said Thursday.
Market volatility presents an opportunity to offset gains with losses. Is it worth the hassle? Experts say tax-loss harvesting can boost portfolio returns by as much as seven percentage points
An amendment floated last week by Sens. Arlen Specter, D-Pa., and Ted Kaufman, D-Del., that would impose criminal penalties on broker-dealers for violating fiduciary standards is giving the senators a way to vent frustration with Wall Street.
The massive stock sell off on Thursday may have been initially triggered by human error. But it appears that mechanized trading had a lot to do with the wild ride that followed. | <a href=http://www.investmentnews.com/selloff0506> Readers' rant: What's your take?</a>
Arlen Specter's call for criminal penalties is sure to draw fire from Republicans on the hill and lobbyists in the Senate reception room
State Street Global Advisors tabs former Goldman and Barclays executive to head its defined contribution business
Head of discount brokerage's custody arm says larger firms already talking up the virtues of the financial instruments; expand 'beyond asset allocation'
The former Maxim Group broker allegedly lied to Merrill about his book of business, then purportedly made off with a $780K inducement loan
Indicted financier R. Allen Stanford was sued by a unit of American Express Co. for $115,712.79 in back credit card debt.
