Legg Mason announced today the renaming of a bulk of the Smith Barney funds as the Legg Mason Partners Funds in the wake of last year’s blockbuster deal. The move marks the first step in the product integration...
Robert Doll is the central figure in the blockbuster Merrill Lynch-BlackRock merger announced in January. Doll, president and CIO of MLIM, will become vice chairman, CIO of global equities and chairman of the private...
Congress is moving forward on adding an amendment to the three-decade-old Employee Retirement Income Security Act (ERISA) that could have a significant impact on the way registered representatives do business.
A federal judge barred for life a former Prudential Securities broker for failing to respond to an order instituting proceedings (OIP) issued by the SEC over fraud charges.
Merrill Lynch agreed Monday to pay an SEC fine of $2.5 million to settle charges that it had impeded a government investigation into its business practices by dragging its feet on turning over email records.
Today marks the end of the comment period for the NASD proposal requiring more stringent rules governing gift and entertainment practices on Wall Street and, while the NASD won’t say what the response has been...
