David Geracioti

In February, Registered Rep. will introduce a new monthly column, The Ethical Rep, perhaps the first of its kind in the securities industry. A team of more than 30 prominent securities attorneys, law school professors...

Let's face it: Asset management is a commodity. Just look at the hundreds, even thousands, of mutual funds that you have the ability to put clients in. So, just how, exactly, does your firm choose which funds or...

The body count is growing. Recently, the founders of Pilgrim Baxter & Associates (who ran the PBHG family of funds) were sacked for some pretty sleazy trading of their own mutual funds. Taken together with the...

Boca Raton—SEC Chairman William Donaldson's favorite word is distressed—at least that was true during both his speech to the Securities Industry Association annual meeting and the press briefing that...

Boca Raton, Fla.--Nov. 6. It's the best of times and the worst of times for the securities industry, said Marc Lackritz, the president of the Securities Industry Association. In kicking off the SIA's annual meeting...

Any mutual fund executive who made a deal to allow institutional investors to trade forward (also called late trading) mutual fund shares should be taken out and flogged. Oops. Did I say flogged? I meant that he...

It's official: You must know your customers. I mean really know them. Oh, sure, there have always been suitability requirements (Rule 405) and the like which forced any conscientious rep to understand what kind of...

If you are a veteran financial advisor, maybe you recently lost a small client someone with, say, $25,000 in an education IRA. If so, there's a decent chance that the loss barely registered with you. Well, I'm here to...