Brokers hoped that the Spitzer settlement would put the conflict of interest scandals in the past. Too bad retail investors have such long, bitter memories.
If the Royal Alliance National Education Conference is any indication, independents are thinking one thing: The time to strike at the wirehouses is now.
Reps may have been more riveted by the Iraqi conflict than most people. After all, the way it plays out will go a long way to determining the immediate future of the capital markets and, perhaps, the country's economy...
The Securities Industry Association has weighed in negatively on the NASD's proposed changes to the handling of Central Registration Depository (CRD) complaints. The SIA's main point of contention is that, under the...
In the three years since the passage of the Gramm-Leach-Bliley Act, banks have clawed their way into a position of consequence in the brokerage game, and Glenn Riley has watched from a front-row seat. Riley jumped...
It is not an easy time to be a broker. Business is tough, books are deflated, the public is suspicious of Wall Street and clients want to know where Katie's college savings went. And there's that nagging suspicion...
Now that the Wall Street global settlement (the biggest fine in Wall Street’s history) is official, brokers might be inclined to heave a sigh of relief. Don’t. While the settlement will have a lasting...
