Under regulations governing the securities industry, it's not enough for firms merely to archive e-mails; they must be able to furnish them to regulators “promptly.”
Financial advisers don't suffer from a lack of client data, but too many providers don't offer such data in a consolidated fashion, forcing advisers to find certain types of information on their own.
The walls of Neal Simon's office at Highline Wealth Management LLC are lined with the images of people he and his wife photographed during their travels through China, Guatemala, India, Indonesia and Peru.
As a team of active asset managers, we don't want to own all of the stocks all of the time, to paraphrase P.T. Barnum.
Ken Clark, Barry Glassman, Gerry Strid and Arnerich Massena & Associates Inc. were named winners of the 2007 Community Leadership Awards, which were presented by the Invest in Others Charitable Foundation and <i>InvestmentNews</i>, late last month in New York.
BIS Insurance Services, a Sacramento, Calif. employee benefits insurance broker, will remain in its current location.
The U.S. added 110,000 new jobs last month, following a significant upward revision for the two prior months.
Osman Semerci, former head of the fixed-income division, and Dale Lattanzio, former head of structured credit products, have left the firm.
The European Central Bank will leave key interest rates unchanged in light of a favorable medium-term outlook for economic activity in the region.
Wall Street’s recent round of layoffs could ripple through the rest of New York City, impacting jobs and tax revenue.
The Charles Schwab Foundation pledged $1.25 million to Texas Tech University and the University of California at Irvine.
The 401(k) arena now demands specialized advisers, said Phil Chiricotti, president of the Center for Due Diligence.
TD Bank Financial Group of Toronto will acquire Commerce Bancorp Inc. for $8.5 billion in an effort to expand its presence in the United States.
Securities regulators voted last month to adopt a temporary rule allowing brokers with non-discretionary advisory accounts to continue making principal trades.
Corporate-owned life insurance would face new restrictions under a bill sitting in a House subcommittee.
The Securities and Exchange Commission last month approved a FINRA rule governing the sale of deferred variable annuities.
Companion bills renew a past congressional attempt to make it harder for taxpayers to avoid paying capital gains taxes on certain investments.
The SEC and Federal Reserve last month approved rules that will allow banks to continue selling some securities products and services without registering as brokers.
Several measures that would put art and collectibles’ tax treatment on par with other investments are sitting in committee.
The deadline is approaching for financial firms to comply with an SEC rule intended to curb market timing and abusive transactions in mutual funds.
