New Hampshire securities regulators are suing Morgan Stanley, charging that in 2002 the firm encouraged its brokers to sell proprietary mutual funds by using sales contests, a violation of NASD rules.
A tactic traditionally known as the 90/10 strategy enables retail and institutional investors to achieve two goals simultaneously: capital preservation and potential appreciation from a bullish market move. This method involves the purchase of...
The covered combination is a three-part strategy that sets targets to sell/reduce your current stock position or accumulate additional shares. The first part of the strategy is to pick the stock and purchase only half of the desired number of...
24th Annual Outstanding Broker Awards Recognize Ten Financial Advisors for Professional Excellence, Client Trust and Community Service New York—May 13, 2004—Registered Rep. magazine announced today its selections for the 24th Annual...
Five recent cases highlight how fiduciary conduct can depart from the appropriate standard of care. Three involve professional fiduciaries, while two show the sad, but familiar, problems that can erupt when siblings act as fiduciaries for one...
One of the more controversial issues in recent years has been the valuation of retirement benefits for federal estate-tax purposes. Some practitioners have taken the position on returns, with full disclosure, that an interest in a qualified plan...
When subscribers to the World Press Review received the 30th anniversary issue in April, they got a nasty surprise. The magazine, which journalists and foreign-policy experts scoured for local news and commentary from around the globe, had...
Estate-planning lawyers are cheering a recent taxpayer win in the ongoing battle with the Internal Revenue Service over family limited partnerships (FLPs). The U.S. Court of Appeals for the Fifth Circuit dealt the IRS a stinging defeat May 20 in...
