Rick Weinberg

For the first time, the Securities Industry Association is hosting a conference for retail brokers. The event is June 8-10 at the Drake Hotel in Chicago.The theme of the conference is "Controlling Your Destiny."...

Merrill Lynch continues to turn up the heat on brokers who leave.In a recently released case, a three-member NASD arbitration panel decided in August to prohibit former Merrill rep Jeffrey Bass "from soliciting...

As months and years pass, everything changes--including this business. Old-school brokers, the stock pickers who dominated Wall Street for much of this century, are being challenged by a new generation of techno-savvy...

Don't expect the CFP Board of Governors to make quick, irrational decisions any time soon. It learned its lesson. The hard way.After a survey showed 80 percent of CFP licensees wanted the Associate CFP designation...

An accountants' group has asked Merrill Lynch to stop using the CFM designation.The Montvale, N.J.-based Institute of Management Accountants (IMA) claims it owns rights to the CFM mark, and is threatening legal action...

Imagine taking an upfront recruitment bonus and moving to a new office at a new firm. But before the note is completely forgiven, the office is closed with no nearby alternative. You assume you owe no money if you...

And the winner is ... Salomon Smith Barney. SSB captured the race to become the first full-service brokerage firm to offer clients extended trading hours. The firm launched the new service this past month. It allows...

The NASD has proposed rules that would require a broker to tell clients about special payouts the rep may be receiving, as well as prohibit single-product sales contests.The NASD is taking comments on the rules until...