Dan Jamieson

Human behavior expert Alfie Kohn has published numerous works decrying reward systems. His writings include "Why Incentive Plans Cannot Work," Harvard Business Review, September-October 1993, and "For Best Results...

Should mutual funds be required to disclose the details of payments made to brokerage firms?The NASD says yes. But the SEC says it's not sure.An NASD rule requires detailed disclosure by funds of all payments made to...

Limit order handling rules passed in the wake of the Nasdaq price collusion scandal have been widely ignored, according to the SEC.Based on exams conducted over the past three years, the SEC found that most market...

Prudential Securities in April began a pilot of a second version of its heavily marketed Advisor fee account. Advisor II drops the 24.95 dollars transaction charge levied on Advisor I trades and allows clients to...

In April, the SEC issued for comment a hotly contested proposed permanent rule governing how injunctions against brokers can be obtained.Firms sometimes seek emergency relief to prevent departing brokers from...

A federal judge in New York ruled in February that firms do not have absolute legal immunity from defamation for statements made on U-5s.The brokerage industry has argued that it enjoys absolute immunity for U-5s in...

Securities firms are pushing states to give them more legal protection from employment claims.A 1997 NASD rule proposal giving firms "qualified immunity" from broker defamation claims arising from U-4 and U-5...

In January, Merrill Lynch began making offers to former female employees who are part of a class-action sex discrimination case the firm settled in September 1998.Merrill spokesperson Bill Halldin confirms that...