ALBANY—On Tuesday, the New York State Court of Appeals heard the appeal of Chaskie Rosenberg, a registered rep who was fired in 2003 by Metropolitan Life Insurance. The court’s decision could have a major impact on New York laws about what brokerage firms can and cannot put on the U5 forms they file with the NASD when an employee leaves a firm. Initial questions from the judges suggest they may side with reps, some of whom have been fighting back against what they say are false allegations of misconduct on these U5 forms.
The Securities and Exchange Commission on Jan. 24 approved a new code of procedures that govern arbitrations at the NASD Dispute Resolution. The changes were a long time coming: Some of them have been sitting at the SEC since 2003.
Lawyers often see family members get ugly over assets. Rarely, though, does the nastiness literally explode, sending one of the parties to meet his maker. But that's exactly what happened in the case of Dr. Nicholas Bartha and his ex-wife Cordula Hahn. Their War of the Roses divorce became his funeral dirge.
Many advisors dream of transitioning their business, but fear of the unknown can often leave those dreams on the backburner. With this webinar, you can improve your odds of making the right decisions by learning firsthand from the experience of others....More
Despite recent political clashes and economic headwinds, our company-by-company global research efforts are uncovering long-term emerging markets opportunities. Join us for a look behind the headlines to gain a ground-level investment view with Noriko Chen, a portfolio manager for the American Funds Developing World Growth and Income FundSM, and Christopher Ryder, a Capital Group equity investment specialist....More