Plus: Deutsche Bank's new China ETF hottest launch since 2007
Eighteen months after Facebook Inc.'s initial public offering was crippled by a Nasdaq OMX Group computer, equity markets get a shot at redemption tomorrow when the New York Stock Exchange hosts the debut of Twitter Inc.
President Barack Obama has threatened to veto a bill that would halt -- or possibly kill -- a Labor Department regulation designed to strengthen investment advice standards for retirement plans. The bill would prohibit the DOL from proposing its regulation until 60 days after the Securities and Exchange Commission has finalized a similar rule to raise standards for brokers providing retail investment advice.
SAC Capital Advisors plans to shut down its London office as the $14 billion hedge-fund firm founded by Steven A. Cohen scales back in the face of insider-trading allegations by U.S. prosecutors
“The proposal would completely foreclose broker-dealers from the retirement-planning and investment-planning businesses — businesses in which broker-dealers have served clients for many decades,” wrote Kevin Carroll, SIFMA's managing director and associate general counsel.
Only one in three investors work with just one wealth manager. Here's why adviser infidelity may hurt your bottom line.
Plus: Bitcoin is back with a vengeance, what's up with consumer discretionary stocks, how about BP and Tesla's surprising earnings miss. From <i>InvestmentNews</i> senior columnist Jeff Benjamin.
Zywave splits in two, with insurance unit going to a new private-equity owner as financial advisory unit changes name to Advicent.
From analytics to zettabytes, big data is overtaking tech platforms in the financial services industry.
Icahn prods Gross to sign Buffett's "Giving Pledge" and give away at least half his wealth.
Thomas Halloran, who was the managing director overseeing product strategy and acquisition for Merrill Edge, named to lead B-D ING Financial Partners.
Disclosures, investments and fees are key areas of focus, panelist say.
Insurance and fund executives recount ideas that exceeded regulatory framework
Claimant's lawyer called it the 'most egregious case of churning' he has ever seen
Sykes bulking up new firm, JHS; set to acquirer broker-dealer of Paulson Capital
About 30 brokers who used to be with the defunct broker-dealer GunnAllen Financial have found a new home — with their old boss, John Sykes
Filing could leave plaintiffs fighting over insurance money
