John Churchhill

The mechanics of regulatory bodies only occasionally attracts the interests of rank-and-file advisors, like back in 1996 when the Nasdaq market was nailed for price fixing. It wasn't just investors that were paying...

For Merrill Lynch and UBS, allegations of widespread racial discrimination put a damper on an otherwise stellar year for the firms. Both wirehouses were named in separate lawsuits seeking class-action status on...

Management of A.G. Edwards is trimming its compensation and raising the performance expectations it has on brokers. As the brokerage industry moves upmarket and seeks better return on equity and profit margins, the...

Barry Goldsmith, the NASD’s executive vice president for enforcement, is headed over to the dark side. Goldsmith will be leaving the regulator in March for private practice at the Washington, D.C.-based law firm...

New York Stock Exchange Regulation, along with the New Jersey Bureau of Securities, today announced that UBS Financial Services was fined $49.5 million for failure to supervise the deceptive market timing activities...

The NASD Board of Governors announced today that Mary Schapiro, currently the self-regulator’s head of Regulatory Policy and Oversight, will become the NASD’s chairwoman when the term of its current chief...

The stock market is an elusive beast, and predicting its ups and downs is no easy feat, even for the professionals. But the first 31 days of 2006 might provide some clues. One statistical trend says January can tell...

Faced with growing competition from other advice providers and fewer inherent advantages in the way of products and platform capabilities, wirehouse brokers will feel pressure to do more fee-based business and to make...