A broker-dealer that was a prominent seller of high-risk private placements that wound up going bust has almost wiped the slate clean of costly litigation that could have impaired the firm's financial condition
Lincoln Trust and Great-West claim the Labor Department's disclosure rules don't go far enough when it comes to fixed general account fees for insurers.
Kenneth Marsh, who pleaded guilty in April to charges he misled investors into paying fees for phony investment advice, should be sentenced leniently in part because he consistently helped clients turn profits, his lawyer said.
A financial adviser for 13 years, Don Bates Jr. seems determined to find a place for himself in Congress
Broker-dealers have been engaging in sales practices for structured securities products that hurt retail investors, according to a Securities and Exchange Commission report.
Report from Rep. Spencer Bachus outlines the law's impact and says the law has not lived up to the expectations set last year by Treasury Secretary Geithner and congressional Democrats.
Barney Frank says lack of funding is impeding implementation
In the days prior to the collapse Friday of negotiations over raising the debt ceiling, the outlines of major tax reform that likely will be required in the long run to restore fiscal balance in Washington began to take shape
McCrudden faces ten years in prison for Internet threats against regulators; allegedly posted execution list on his company website
The year 2013 may snap a 12-year winning streak for wealthy Americans on taxes due on income, capital gains, dividends and money given to their heirs
Finra has warned investors about chasing yield with structured products, junk bonds and floating-rate bank-loan funds.
Broker-dealers have been engaging in sales practices for structured securities products that hurt retail investors, according to an SEC report.
Moody's estimates loss of AAA rating would add $100B to Uncle Sam's carrying costs; impact on Treasuries 'significant'
Massachusetts' top securities regulator is suing RBC Capital Markets LLC and one of its former registered representatives over the sale of leveraged exchange-traded funds, saying they sold them to clients who didn't understand how the investments worked.
Investment advisers who must migrate from regulation by the Securities and Exchange Commission to state oversight now will have extra time to make the transition.
An SEC rule proposal intended to thwart the likes of Bernard Madoff likely would result in significantly higher compliance costs for smaller broker-dealers.
Addressing an issue that many thought had been resolved several years ago, Massachusetts last week filed an administrative complaint against RBC Capital Markets LLC and one of its former brokers, Michael Zukowski, for “dishonest practices in selling leveraged and inverse leveraged ETFs"
MSSB big Charles Johnston says move to fee-based model has been ongoing for six months; dubbed 'safe harbor' by RBC's Taft
Clients of a prominent Bank of America Merrill Lynch broker have won an $880,000 arbitration award against the firm.
Notes didn't protect Croce's principal -- once issuer Lehman went belly up; at least 40 cases still pending
