CIO of Van Eck Associates; father founded company in 1955.
Investors filing claims against brokerages would be able to request public arbitration panels without industry representatives under a proposal Finra announced Tuesday.
Securities America Financial Corp. has reached an agreement to absorb 45 registered reps — with roughly $500 million in assets — from Equitas Financial Advisors Inc.
Firm was recently replaced by BlackRock to run Ohio's plan; 'a foot in the door'
It is tough to find a stock analyst or money manager with positive things to say about the financial services industry these days.
A weak economy, a poor equities market and low interest rates have been a boon to high-yield junk bonds.
In their attempts to defuse the recent controversy surrounding retained-death-benefit payouts to survivors, insurance industry executives have played up the protection that the accounts provide grieving beneficiaries.
Morgan Stanley said it will miss profit-margin goals for its brokerage joint venture with Citigroup Inc.'s Smith Barney, blaming the May 6 market crash for scaring away investors.
Another independent broker-dealer has bitten the dust, this time apparently because of some private placement deals that went bust.
'Pledge to America' offers mostly centrist policy changes; lobbing 'firecrackers' instead of missiles
Stock Trader's Almanac editor sees 8.9% annual gain for DJIA over next fifteen years; 'can't throw a dart that far'
President Barack Obama said it would be “irresponsible” for Congress to extend tax cuts for the wealthiest Americans and voiced support for Treasury Secretary Tim Geithner and National Economic Council Chairman Lawrence Summers.
Reports began circulating on Aug. 27 that Manulife — John Hancock Financial Services Inc.'s parent company — was gearing up to buy Lincoln National Corp.
Acquisition of U.S. company — and its variable annuity business — would hike Manulife's exposure to volatile equity markets
The SEC suit against Goldman Sachs has some Wall Street execs rethinking the standard of care that's due less-savvy investors. But flogging a new framework for 'suitability' could be a tough sell.
Last week the U.S. stock market rose for the fourth week in a row.
Last week marked the fourth consecutive week in which stock markets posted gains, with the Dow Jones Industrial Average climbing 2.4% to 10,860, the S&P 500 Index advancing 2.1% to 1,149 and the Nasdaq Composite rising 2.8% to 2,381.
