She refused to be grounded

The Financial Industry Regulatory Authority has withdrawn its recruiting bonus disclosure proposal from the Securities Exchange Commission. The rule would have required brokers to disclose the financial incentives they receive when moving firms...

CEO Antoniades: Acquisition has 'liberating effect' on broker/dealers

Firms' performance score slips even as investor trust increases

Bank of America Merrill Lynch lured a former BlackRock executive out of retirement to head up the firm’s affluent segment and strategy. For Mike Bitterly, the move is a homecoming of sorts, having started his career with Merrill Lynch as an advis...

Asks SEC to approve new restrictions limiting those with ties to Wall Street to non-public arbitration roles, among other updates

Wall Street’s watchdog smacked Merrill Lynch with an $8 million fine on Monday, claiming the brokerage firm failed to waive mutual fund fees for various charities and retirement accounts...

Will FINRA’s proposed rule requiring firms to link to their publicly available BrokerCheck records increase investor awareness? The Financial Services Institute remains unconvinced, contending the regulator needs to perform a cost-benefit...