Commentary: RR Magazine's Editor in Chief Dan Jamieson's Comment Letter to the NASD June 22, 2001 Barbara Z. Sweeney Office of the Corporate Secretary NASD Regulation Inc. 1735 K Street, NW Washington, DC 20006-1500 Comment on Proposed...
After one more in a long string of delays, Morgan Stanley on May 17th finally gave its brokers the ability to create personal home pages, according to a firm spokesperson. For a look at one of the first Morgan Stanley broker home pages (which are...
The General Accounting Office (GAO) released a report June 22 that was critical of the Securities Investor Protection Corp. (SIPC), as well as the SEC’s role in overseeing the SIPC. The GAO is Congress’ investigative arm, and its SIPC...
Consumer demand and the emergence of new services and products have elevated advice-giving over the past 25 years. Trading costs came under intense scrutiny as discounters showed what a transaction was truly worth. In 1975, the Dow Jones...
If you're an investment management consultant whos just cracked the corporate market, you may be feeling uncomfortable. The tools you used to build your consulting business may not be good enough to compete for corporate assets. If you're lucky...
In May, Morgan Stanley distributed a memo outlining new guidelines for the distribution of house accounts and leads to brokers. As one criterion to qualify for the freebies, brokers must sign a noncompete agreement. The agreement covers assigned...
Imagine logging into a database that identifies wealthy investors, determines liquidity of individuals and spotlights leaders who work in publicly traded corporations. Imagine no more. The Golddigger Wealth Identification and Tracking System from...
The number of full-service clients with online account access jumped last year, and it's still growing. It definitely shot off like a rocket last year, says Steve Clifford, director of interactive marketing and services at Salomon Smith Barney. By...
Always go the extra mile for your clients. It's easier than you think. The road is never crowded. When we know what our clients like and dislike, we can develop client intimacy. No personal detail is too small. We should know their hobbies, where...
The vast majority of claims by investors against their stockbrokers are brought with the help of lawyers working for contingent fees. And since lawyers do not like to work for free, they usually will not take a case that appears unwinnable. How do...
