The president of an Albany investment firm is accused of selling fraudulent securities to investors across the country.
That's good news for consumer-oriented companies, which are likely to benefit from more incremental spending
Private-equity firm Lightyear Capital LLC last week said that it has completed its acquisition of three ING Groep NV broker-dealers.
Reflecting the rebounding economy, financial advisers are attending more conferences and taking more courses for continuing-education credits.
A stalled proposal hammered out last year to permit exchange traded funds to operate without having to obtain individual exemptive orders may finally see the light of day -- and soon.
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The failure of Congress to plug the 2010 estate tax loophole has created considerable uncertainty.
With the estate tax laws set to expire by year-end — and no clear indication when Congress will address the issue — some financial advisers and attorneys see an opportunity for their high-net-worth clients in this extremely muddled situation.
Stocks have been in flux over the past few weeks as surprises kept coming from overseas. Greece's debt crisis, similar troubles in Portugal, and China's latest moves to slow down its economy have kept investors guessing.
The SEC voted today to zap short-sales. How? By reviving a Depression-era -- yes, Depression-era -- 'circuit-breaker' rule.
Oklahoma State University's athletic fund and Lincoln National Life Insurance Co. are embroiled in a legal flap over a failed funding plan for charitable insurance.
“Prudence” seems like an old-fashioned word with a stodgy connotation, but for fiduciaries, it is a timeless concept with significant implications.
A recent round-table discussion sponsored by <i>InvestmentNews</i> demonstrated that there is still a wide divide between advisory and brokerage groups over establishing a uniform fiduciary standard.
Here is an edited transcript of the <i>InvestmentNews</i> Regulatory round table, in Washington, Jan. 21.
Master these three steps in order to hire the Breakaway Advisor to your smaller Broker Dealer or RIA
Finra's board of governors will review allegations that Securities and Exchange Commission Chairman Mary Schapiro — along with other senior Finra executives — received excessive compensation when she was chief executive of the self-regulatory organization for the brokerage industry.
The fate of a lawsuit brought by two brokerage firms against NASD over its 2007 merger with the New York Stock Exchange's regulatory unit could be decided this month.
SEC examiners will turn to outside auditors and other third parties to help verify records at investment advisory and broker-dealer firms, an agency official said last week at the CCOutreach conference.
