The Securities and Exchange Commission has alleged that an independent broker-dealer that was a leading seller of allegedly fraudulent private placements failed to conduct reasonable investigations into the offerings — and pocketed fees for due diligence without adequately researching the instruments
BrightScope Inc.'s new free website, which allows investors to look up financial advisers, already has sparked controversy
Lender making big push to win ultra-wealthy clients, with ex-Wells execs leading the charge
Wolin says many investors don't know if they're dealing with an investment adviser or broker
Clients in less-populated areas will be left to get their advise from talking heads
But money flowed into TDFs run by Vanguard and T. Rowe Price in the first quarter
Based on what Treasury Secretary Timothy Geithner said last week, it seems unlikely that mutual funds are going to be designated as systemically important financial institutions under Dodd-Frank
With a number of independent broker-dealers on the block, it's a buyers' market for those firms looking to expand their business through acquisition
One day in September, “Ralph” was diagnosed with Stage IV cancer
Proposal would eliminate need to rely on credit ratings provided by S&P, Moody's, et. al; 'much more difficult to police'
Officials in Europe act swiftly to protect banks; 'false market rumors'
Proposal would require broker-dealers to publicly disclose information about shelf space payments from mutual funds
Despite a rebounding economy, the humber of 'underwater' mortgages in the U.S. now stands at a whopping 28%. And real estate analysts say there's more where that came from.
Additional $74M will also enable commission to update computers, hire more inspectors
Law's co-author comfortable with postponement of deadlines — if agencies need more time to gather info
In the give-and-take of congressional budget negotiations, the Securities and Exchange Commission got a little more funding than expected — but not nearly as much as it says it needs to perform its core functions while implementing the Dodd-Frank financial reform law.
Advisers may have a sense on how to prepare for a retirement that's right on time, but an unexpected retirement due to illness or layoff can shake even the most stable plans.
Making the case for alternative investments in a long-term, properly allocated portfolio is easy
First-quarter earnings at Wall Street firms with large financial adviser forces demonstrate that after two years of turmoil, the biggest players in the investment industry have righted themselves and are poised to build their businesses again
