The Securities and Exchange Commission and the various stock exchanges must resist the temptation to react impulsively to the market meltdown that occurred May 6.
As required by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Securities and Exchange Commission has begun a six-month study of the regulation of brokers under the fair-dealing standard and advisers under the fiduciary standard.
Historically, large stocks make biggest gains when confidence in the U.S. economy is at its lowest
The confirmation a year ago of the first Hispanic Supreme Court justice, following the election of the first black president, has signaled for many people a growing appreciation of racial diversity and inclusiveness in the United States.
It seems these days that half the headlines in the financial media fear a double-dip recession, as do half the conversations on Wall Street.
An important milestone has been reached on the path to the professionalization of financial advice with the inclusion of language in the financial-reform bill which would authorize the SEC to issue rules to extend the fiduciary standard to broker-dealers providing advice to retail clients.
Note to independent advisers: It's time to measure yourselves against a bigger stick.
In one of my recent OpINion Online columns, I compared wirehouse management to communist regimes before the fall of the Berlin Wall
While getting pilloried in hearings before the Senate Permanent Subcommittee on Investigations, representatives from The Goldman Sachs Group Inc. characterized their firm as a market maker, denied that they had fiduciary status, and displayed apparent bewilderment at the senators' questions about legal or ethical obligations to place clients' interests first.
Take the time to figure it out!
There has been a significant increase in merger-related activity as the equity markets have recovered worldwide.
For better or worse, professionals rely on our society's standard conventions and accepted phrases to offer solace at a wake or funeral
In early November 2007, two investors met in the waiting room of their financial adviser's office. By chance, both Robert, 62, and Sandra, 78, had appointments to discuss their retirement financial plans.
In the old days (pre 2004), firms would sue each other when an Advisor went from one firm to the other.
