FINRA, the brokerage industry self-regulator, plans to file a rule proposal in October that would allow investors filing arbitration claims to choose panels composed of only public arbitrators, the regulator announced Tuesday. Brokers or advisors...
Wall Street, I want my money back. I mean the movie. I went to see Oliver Stone's sequel over the weekend in Brooklyn and it was a total waste of $12. I rarely expect much from a sequel, and I thought the first Wall Street movie was good, not...
In a letter on the White House blog, Elizabeth Warren, who has been selected by President Obama to oversee the consumer protection agency, said she wants to eliminate confusing fine print in financial statements. "The new consumer bureau is based...
Some brokers and banks will be disappointed to learn that Elizabeth Warren will probably head up her Consumer Protection Agency after all. So says an article in today's New York Times. The Harvard law professor conceived the idea for the agency. ...
Investors mistakenly believe everyone who provides financial advice is already a fiduciary, according to a survey released Wednesday by a group of investment adviser and consumer protection groups. That includes stockbrokers, insurance agents, and...
Mercer Bullard, Founder and President of Fund Democracy, Associate Professor of Law at the University of Mississippi School of Law and a v0cal consumer advocate, has written a short essay on the SEC's study of investment adviser and broker/dealer...
Apparently, it's not Wall Street that keeps women from succeeding on Wall Street. It's women. They get fed up and leave of their own accord cause it's an icky place to work, said an article yesterday in FINs. ...
Here is a sort of funny graphic from the Banzai7 Institute, via Barry Ritholz's blog, The Big Picture. With Jim Cramer as Derangium, Moody's as Bullshitium, Warren Buffett as Hippocritium, Timothy Geithner as Hopium, among others. Banzai writes in...
