Ex-SEC official Robert Colby will replace Grant Callery, Marc Menchel
The second-highest-ranking Democrat on the House Financial Services Committee is promising to put more emphasis on investor protection, if she attains the top position on the panel. Whether Rep. Maxine Waters, D-Calif., ascends to committee chair would depend on her party winning back the House from Republicans this fall. Political prognosticators doubt that outcome, but it doesn't stop Ms. Waters from dreaming.
Pace of shutdowns is slowing, but one in 10 firms open in 2007 are now gone
It was revealed this week that Finra has fined and suspended the head of small indie B-D. No big deal, right? Well, this executive also happens to sit on the regulator's board of directors.
Barred broker Ralph Edward Thomas Jr. was sentenced to four years in prison last February and ordered to pay $838,000 in restitution.
Urges commission to extend standard of care to brokers, not devise new rule
It didn't take long for the lobbying to reignite on a bill that would establish one or more self-regulatory organizations for investment advisers after Rep. Spencer Bachus, R-Ala., prevailed in his primary on Tuesday. An interest group was soon paying respects.
A Colorado man faces nine counts of securities fraud related to the sale of Medical Capital notes
Advisers can fill void left by doctors, lawyers; living wills, DNRs crucial
Dispute claims of reps who left after BofA merger
Program costs of Trust Funds to exceed non-interest income this year; well runs dry by 2033
Mooney, Morris launch Snowden Capital Advisors; counting on word of mouth to attract advisers
Insurer sees big room for growth in fund world; relocating, bulking up sales force
Ponzi scheme wiped out almost $1B in investor money
FPA stepping up efforts to gain mandatory oversight of the profession; 'aspirational'
