Rules by themselves are never an answer.
Despite lack of disclosure by BP about the volume of oil spilling from its well in the Gulf of Mexico, the company's agreement to create a $20 billion fund to pay claims may help BP in defending against any securities-related disclosure claims, according to securities lawyers.
Custody may not be a particularly glamorous business. But Heidi Miller's successful stint at JPMorgan's securities services unit has cleared a path to the top for the Jamie Daimon loyalist.
UBS AG's Luxembourg unit is being probed by prosecutors over allegations of forgery when it oversaw two funds linked to Bernard Madoff.
Joseph B. “Joby” Gruber, the former CEO of AIG broker-dealer FSC Securities Corp. who was forced to resign after Finra accused him of allowing an underling to take continuing-education exams in his name, is back in the independent broker-dealer business.
Investors are taking advantage of a loophole that lets them use their pension money to invest in new businesses -- tax free. But snares await
American International Group Inc.'s financial position remains relatively stable, according to a report released last week by the Government Accountability Office.
The landmark health-care bill passed by the House on Sunday appears to be a shot in the arm for health-care stocks
Fabeetle.com, a website that allows clients to rate, review and research financial advisers, has the potential to become a third-party search and marketing hub for both consumers and advisers that one day could compete with Finra's BrokerCheck.
Former brokers with disciplinary records are going to find it harder to cover their tracks if the Financial Industry Regulatory Authority has its way. Today, the brokerage industry's self policing body proposed further expansion of broker information available through its free BrokerCheck service.
Stocks are falling in early trading as investors remain skittish in advance of the president's State of the Union address and the conclusion of the Federal Reserve's latest interest-rate setting meeting.
Okay, large caps are boring. But top asset managers like Dennis Stattman and Jeremy Grantham see a 'once-in-a-lifetime' buying opportunity in these undervalued -- and dividend paying -- stocks.
A small but growing number of vendors are tackling the problem of exerting control over social networks within the financial services industry.
Office closings. Job reductions. Cutting back on flowers at psychiatric hospitals. States are trying anything and everything to make sure they don't miss debt payments. And so far, they're succeeding.
Bob Doll is vice chairman and chief equity strategist for fundamental equities at BlackRock Inc.
Embattled broker-dealer Jesup & Lamont Securities Corp. was dealing with other serious regulatory matters in the weeks before Finra last week ordered the firm and its 300 reps to cease conducting business.
Clearly it has been a “rough ride” for the equity markets since their parabolic peak of April 26th.
After receiving complaints about the quality of some CE offerings, the standards board has started randomly assessing continuing education courses each month
Davidson has her reasons, but estate tax isn't one of them, rep says
Clearing firms, facing declining revenue and increased competition, have something new to worry about: More and more broker-dealers are seeking loans as an incentive to sign on with a new firm.
