Halah Touryalai

When asked about the millions of dollars missing from his clients’ accounts, Michael J. Park, a Brentwood, TN stockbroker, didn’t offer much of an explanation.

Woodbury Financial Services, an independent broker/dealer and a subsidiary of The Hartford Financial Services Group, named Scott Carlson senior vice president of distribution. The Securities and Exchange Commission...

An SEC proposal and an administrative law judge say client information belongs to the b/d, not the rep. What now?

Registered Rep.: What is your favorite cause? Jan Schalkwijk: That would have to be the environment. As an avid outdoor person, I rely on nature to recharge my batteries. RR: Who most inspired you to get involved in...

UBS is facing the first nationwide lawsuit regarding auction-rate securities compliments of the New York Attorney General, who sued the firm for securities fraud.

When California’s Supreme Court legalized same-sex marriages last month, besides making history, it may have opened doors for some financial advisors in search of a niche. That’s because the tens of...

Wachovia Securities St. Louis offices were searched today by the Missouri Securities Division after more than 70 formal auction rate securities complaints were filed against the St. Louis-based firm.

Last week, Morgan Stanley rounded out the last of the national overtime settlements among wirehouse firms with a $50 million deal.