The 1,200 or so Morgan Keegan financial advisers waiting to see what kind of acquirer parent Regions Financial can find for the broker may get a lump of coal in their stockings this Christmas.
B-D asks judge for temporary injunction to halt arbitration claims filed with Finra; 'Sword of Damocles'
The Financial Services Institute Inc. is planning to finance its beefed-up lobbying efforts with big dues increases to its broker-dealer member firms.
This week, when Ric Edelman revealed that he plans to wind down his independent contractor business, he labeled the model 'severely flawed', and stirred up - not surprisingly - a good deal of conversation across the industry.
Fontaine's career change comes amid crucial product launch for DC unit; “bittersweet”
Obama's budget would raise marginal tax rates to a maximum of 39.6%, up from 35%. High-income taxpayers would also face higher rates on investment income and limits on deductions.
An attorney for Matthew Hutcheson, a well-known fiduciary advocate who is being investigated by the Labor Department for alleged abuses in handling his clients' retirement funds, is asserting that his client has done nothing wrong and that the money is safe
Smith claims bank's only concern is making money off customers; 'makes me ill'
NBA hall-of-famer David Robinson scores $15M From Texas Teacher's pension fund
Stock price now above $500; 'still inexpensive'
Mutual fund holds 5.2% interest in social networking company; also has large stake in LinkedIn
Not every ballplayer can cash in like Prince Fielder, but at least arbitrators were there to backstop ex-Red Sox catcher Doug Mirabelli, awarding the knuckleball specialist $1.2 million in a suitability case involving Merrill Lynch.
