Nationwide Financial Network, the sales and marketing arm of Nationwide Mutual Insurance Co., has pushed back by three months the deadline for 200 independent financial advisers to find new broker-dealers.
Putnam Investments has launched an online tool for 401(k) plan participants that will calculate how much they can expect to receive in monthly income after they leave the work force.
A federal judge in Minnesota last week ordered Trevor G. Cook jailed for failing to surrender more than $35 million in assets.
The economy grew for a second straight quarter from October through December, posting a 5.7 percent annual rate, the fastest pace since the third quarter of 2003.
A defeat of Federal Reserve Chairman Ben Bernanke's quest for another four-year term could raise the risk of a "double dip" recession if political jousting over a successor were to drag on for months, economists warn.
The Charles Schwab Corp., already having increased assets under custody for independent investment advisers this year, is preparing several products, services and technology offerings for advisers next year.
Finra officials are trying to determine if GunnAllen Financial Inc., already reeling from the abrupt departure of its holding company's chairman, has enough capital to stay in business.
More than 1,000 financial planners contacted members of the House to oppose a provision in financial-reform legislation that could put many advisory firms under the jurisdiction of the Financial Industry Regulatory Authority Inc.
Financial planners are worried about being regulated by the proposed consumer financial protection agency when it comes to dishing out advice about mortgages, taxes and estate planning.
Financial planners are worried about being regulated by the proposed Consumer Financial Protection Agency when it comes to dishing out advice about mortgages, taxes and estate planning.
The Senate Banking Committee's plan to overhaul Wall Street has received a cool reception in the brokerage world.
A 2007 memo from director of investments Gary Stringer questions the asset-backed bets in one of the firm's bond funds. 'Mr. & Mrs. Jones don't expect that kind of risk.'
The Securities and Exchange Commission has sued Gary R. Headding and his former registered investment adviser firm, Envision Direct of Newport Beach, Calif., for defrauding two clients of at least $274,256.
Mindful of soaring deficits and an anti-Wall Street mood, President Barack Obama wants a new 10-year tax on the country's largest banks to cover a projected $117 billion shortfall in the government's financial crisis bailout fund.
A Wells Fargo Securities analyst has speculated that Prudential Financial Inc. may target ING's U.S. retirement business as an acquisition.
Smaller broker-dealers are worried that a sweeping congressional proposal aimed at preventing fraud through comprehensive audits of brokerage firms could put them out of business.
The SEC's request for documentation about how advisers use social networking sites has the advisory biz spooked. And despite the heightened attention, advisers still aren't certain about the guidelines governing the new media.<br><a href=http://www.investmentnews.com/article/20110216/FREE/110219945>What the SEC is requesting from advisers</a> | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&Dato=20100127&Kategori=FREE&Lopenr=127009999&Ref=PH>Ten things every adviser should know about social medial</a>
Commssion backs a plan to limit fees on option trades. But the regulator also wants the largest stock traders to provide ID codes, records for transactions
