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David A. Gaffen

Editor in Charge, Reuters

David Gaffen oversees the stocks team, having joined Reuters in May 2009. He spent four years at the Wall Street Journal, where he was the original writer of the web site's MarketBeat blog. He has appeared on Fox Business, CNN International, NPR, and assorted other media and is the author of the forthcoming book Never Buy Another Stock Again.

David’s Recent activity

We May Be Guilty But Only of Being Annoying
Jan 01, 2004
Let the finger pointing begin. As the mutual fund scandal kicks into high gear, brokers are starting to unveil their plans for fighting regulators' charges of fraud against them. And if the legal documents filed by...
Smith Barney Alters Payout Grid
Jan 01, 2004
Smith Barney is altering its compensation system for 2004, with the main goal being to simplify its payouts and make them more revenue-neutral. The new grid will eliminate certain existing bonuses for assets under...
Smith Barney Changes Payout Grid
Dec 11, 2003
Previous rewards for selling funds and annuities are eliminated; producers with more than $300,000 in production will see a bump in compensation.
Merger Doubles B of A's Brokerage Force
Dec 01, 2003
Recruiters who have spoken with Bank of America's management say the firm is gearing up for more hires and an expansion of its brokerage unit once the bank combines operations with FleetBoston. B of A recently...
Morgan Wants Teams
Dec 01, 2003
The team-based approach has been all the rage lately among brokerage firms, especially as the larger ones focus more deliberately on wealth management and advanced planning that often requires the expertise of several...
Women Reps Vs. Merrill It's Not Over
Dec 01, 2003
A protracted legal action against Merrill Lynch may finally be seeing the end or at least the beginning of its end in the next few months. Arbitration hearings stemming from the large class-action lawsuit filed...
Pru Market-Timing Charges Widen
Nov 05, 2003
The investigation into mutual fund trading abuses is widening, with the release of a complaint filed by the Massachusetts Securities Division against brokers who formerly worked in Prudential Securities’ hub...
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