Do breakaway brokers have to disclose to clients how much they stand to gain by going independent?
The Securities and Exchange Commission may impose buy-and-sell obligations on electronic-trading firms and other “high-frequency” proprietary-trading firms that now represent more than 50% of daily stock trading volume.
Broker-dealer firms aren't providing financial advisers with the technology and resources that they need to manage risk in their portfolios, according to Robert S. Kapito, president of BlackRock Inc.
A court-appointed receiver in a Utah Ponzi case has sued Penson Financial Services Inc., claiming that the firm was complicit in perpetuating the scheme for a clearing client.
Asset inflows improved for many of the largest publicly traded money managers in the third quarter, but analysts said that institutional investors continued to hold off on new mandates
Don't expect Citigroup Inc., the Carnegie Deli or any other Big Apple business to relocate to Sioux Falls anytime soon, but the moves certainly would make tax sense
Federal regulators soon will issue eagerly sought guidance to aid employers that want to amend their 401(k) plans to allow participants to roll over account balances into a Roth 401(k) plan
Voters have handed the Republican Party either a golden opportunity or a poisoned chalice, and the choice will be determined by the actions of the elected members of the party
After months of sounding out its certificants, the CFP Board's executive leadership this week will propose to the group's board that fees be increased by $12 a month, beginning July 1, for the 62,000 holders of the mark
Independent representatives and broker-dealers gained allies in the House leadership who will work with them to maintain their reps' status as independent contractors
Earnings reports for life insurers reveal a possible threat to future profitability: old books of universal life business.
But firm added 161 advisers overall in 3Q, CFO Robert Moore says
Ron Carson is exiting after more than two decades at the B-D. The well-known adviser cites shortcomings in the brokerage's RIA platform as one reason for his departure.
Big run-up in share price for Molycorp in a year dominated by public offerings for Chinese companies
LPL Investment Holdings Inc. will make its market debut Nov. 17, according to sources familiar with the firm's planned initial public offering.
In a comment letter sent today to the Securities and Exchange Commission, the Investment Company Institute said the agency's proposal to cap 12(b)-1 fees puts the SEC in 'the inappropriate role of a rate maker.'
Investment advisers have been helping to bring a network of “academies of finance” to life in high schools across the country, teaching classes and mentoring students, some of whom have gone on to careers in financial services
In the thick fog of our national pessimism, only the lowest-toned tales of impending doom find any resonance.
By some measures, deflation in United States is no longer a question of if, but for how long and how deep.
If you want to believe that the lame-duck Congress will come to the rescue after Election Day and renew the Bush-era tax cuts, return the estate tax to its more palatable 2009 levels and increase the exemptions from the alternative-minimum tax, go ahead.
