Securities regulators continue sorting through public input on proposed rules that address broker-dealer financial responsibilities.
Oral arguments are scheduled for Nov. 5 before the U.S. Supreme Court in a case that could affect 529 college savings plans.
Congressional hearings held last month addressed the contentious issue of taxes paid by managers of hedge funds and private equity funds.
A bill introduced in August would create a commission to study the hedge fund and private equity industries.
More wirehouses and B-Ds realize they need to allow advisers to take on fiduciary services.
Automatic features are gaining momentum in the 401(k) arena, according to financial advisers.
Hedge fund managers, traders and analysts are keeping a close eye on the weather — and not just to get an idea of what the weekend will be like.
The new brokerage, to be called Wachovia Securities LLC, will be based in St. Louis.
AIG will trim 600 positions as one of its subsidiaries merges with 21st Century Insurance Group.
The SEC has filed settled enforcement actions against two B-D firms and their CEOs for fraudulent auction practices.
Goldman Sachs analyst William Tanona expects Merrill's third-quarter earnings to decline by 89% to $208.9 million.
B-Ds facing litigation from FINRA might be better off fighting rather than settling, according to a study.
Two of the world’s largest insurance-and-financial-services trade organizations have announced plans to merge.
New York Life International, the overseas arm of New York Life Insurance Co., has hired Richard L. Mucci as its chairman and chief executive.
Merrill Lynch alumnus Kurt Peterson previously had assets under management of about $177.5 million.
Jackson National Life Insurance Co. today released Jackson AscenderPlus Select, a new fixed index annuity.
