State securities officials are lining up against congressional proposals that would create a systemic risk regulator for the financial industry, fearing that it will pre-empt their power.
President Obama today signed into law a bill aimed at strengthening oversight of the $787 billion financial rescue plan.
The recent fantastic growth among independent broker-dealers came skidding to a halt last year, but the results were far from disastrous for many firms.
The effort is an attempt by the financial planning industry both to legitimize itself as a regulated profession and reverse the growing impetus of the Financial Industry Regulatory Authority Inc., which oversees securities brokers, to expand its domain to planners and advisers.
A recent decision by a three-judge panel of the federal appeals court in Boston “dramatically expands securities fraud liability” and should be reversed, the U.S. Chamber of Commerce said in an amicus brief filed April 22.
Raymond James to offer the Albridge Platform to advisers; News service targets advisers
The Securities and Exchange Commission today charged William L. Gunlicks and his firm, Founding Partners Capital Management Co. of Naples, Fla., with misrepresenting the investments the firm made through a series of partnerships that buy hospital receivables.
Two members of the Senate Banking Committee today called on federal regulators to implement an emergency freeze on credit card interest rates.
House Republicans on Wednesday introduced legislation that would lift the ceiling on retirement savings account contributions.
A critique of state regulatory missteps from The Allstate Corp.’s Tom Wilson, did not sit well with Michael T. McRaith, director of the Illinois Division of Insurance.
Despite budget cuts across the financial industry, Fidelity Institutional Wealth Services, Pershing LLC, Schwab Institutional and TD Ameritrade Institutional are spending money to upgrade technology.
The registered investment advisory firm has changed its corporate name to reflect its core focus.
Although small-business owners think that an employer-sponsored retirement plan helps with hiring and retaining employees, nearly 40% don’t offer the benefit, according to a recent survey.
To communicate with both ends of the client spectrum, top advisers employ technology to make processes predictable, sustainable and repeatable
Just as the Great Depression scared an entire generation away from the stock market, recent events may drive today's investors to the sidelines — forever.
A financial adviser to former Major League baseball player Mo Vaughn is claiming that he threatened and intimidated her after she tried to rein in his "insane spending habits."
State securities regulators are asking Congress for expanded powers to review offerings of private securities.
Two new customer relationship management systems could help advisory firms save time and reduce overhead.
As part of a massive overhaul of its U.S. wealth management business, UBS AG is set to shed up to 2,000 jobs, shrink its regional operations and consolidate a number of branches here over the next several months.
