The fines imposed last week by Finra on broker-dealers and executives involved in the sale of failed private placements are likely the first of many to emerge from regulators' crackdown on the sale of the securities
Jefferies Group Inc. (JEF) agreed to pay about $2 million to resolve Financial Industry Regulatory Authority claims that three employees failed to disclose conflicts of interest while selling auction-rate securities.
Fund manager believes 15% plunge may be coming; a recession, to boot
Rep. Schakowsky want big increase in marginal rates for millionaires, billionaires
Amount equals about 10% of total client losses on Reg D notes later deemed fraudulent by the SEC
Norton to run UHNW program for RIAs
Choice of veteran from within firm -- rather than from parent BofA -- could mollify some brokers; 'safe pick' .
Drexel renunion as Leon Black's Apollo's buys into Morgan Joseph TriArtisan; fees the key
And Washington watchers say meaningful progress may not happen until the next election
U.S. millionaires would face an annual income tax increase of at least 10% under a deficit reduction measure proposed by Rep. Jan Schakowsky, R-Ill
Profits plunge even as assets under custody hit all-time high
Former Fidelity distribution head Peter Cieszko will join American Century in a new position heading up intermediary and institutional sales in North America
Legislative ambiguity about public pension funds, as well as their underfunded status, has financial advisers who work with public employees scrambling to plug holes in their retirement plans
Investors say they want clearer explanations about strategies, losses; close to half do their own planning, survey shows
Record earnings fueled by the highest profit margins since 1993 are giving executives more leeway than ever to boost dividends as the bull market enters its third year
Asset manager set to launch customized programs for broker-dealers
J.P. Morgan Asset Management has tapped its <a href= http://www.investmentnews.com/article/20110404/FREE/110409984 second Pimco exec</a> this month to help expand distribution.
State taxes don't always follow the same rules used in calculating federal income taxes
Aiming to extend its outreach to large financial services firms, the CFP Board has hired Joseph V. Maugeri as its director of business development.
