Review reveals internal marketing materials drew regulator's attention; this year, sales to seniors, private placements on the radar
The deal adds about 100 Ridge clients to Penson's base of 297 brokerage firms, making it the second largest correspondent clearing firm in the securities industry.
When it comes to controlling client assets, LPL Investment Holdings Inc.'s recent IPO registration offers clear proof that the remaining four wirehouse broker-dealers still dwarf the more diverse galaxy of independent broker-dealers.
LPL Investment Holdings Inc. today said it has sealed the deal with the executive who has overseen the company's growth and its march to an IPO.
Selling away is one area where Finra is likely to bring more cases, said Jim Shorris, executive director of enforcement at the regulator
How could a jury convict three ex-traders for selling, and three former executives of a day-trading firm for buying, real-time access to the firm's internal intercoms?
A full decade after first proposing to revamp form ADV Part 2, the Securities and Exchange Commission is set to approve revisions to this key disclosure document this week
Deputy Treasury Secretary Neal Wolin said the reforms would ensure that markets are “creative, competitive … and far less prone to panic and collapse.”
'We expect to move forward quickly,' says Robert Cook, director of the division of trading and markets'; single standard of care ahead?
Congress sent the Dodd-Frank legislation to President Barack Obama Thursday.
Officials for Silver Bridge Advisors LLC said today they to plan to purchase a San Francisco-area investment adviser, adding that their firm has created a separate entity to better market itself to wealthy families and family offices.
The sweeping financial-regulatory-reform legislation that President Barack Obama will sign this week represents anything but closure for Wall Street.
Goldman Sachs Asset Management's effort to expand its small defined-contribution business by offering custom target date funds has caught the attention of advisers.
Gitterman & Associates, a 10-person team in Georgia, has found a new home.
The Securities and Exchange Commission is close to proposing upgrades to Part 2 of the Form ADV, the primary disclosure document that clients receive from investment advisers.
Just how out-of-touch can Lloyd Blankfein be?
Fixed-income fund managers likely will face heightened margin requirements when trading privately negotiated derivatives under the new financial services reform bill.
A new tool that is marketed as being able to help identify the most likely mutual funds to outperform the market promises to stir up debate among both financial advisers and providers.
