Principal-Protected Notes are anything but protected FINRA says, and the SRO wants to make sure brokerages are making that clear to investors.

In the past, advisors would advise their clients that to make money, it was best to have “time in the market” versus timing the market. But, the brutal bear market of 2008 prompted new research that shows it may be best to avoid big...

You gotta love Lloyd Blankfein, it’s true. The Financial Times on Thursday named him its Person of the Year because: “He has led for three years, not only navigated the 2008 global crisis better than others on Wall Street but is set to...

The number of wirehouse advisors switching broker/dealers has been in steep decline since June. In November, just 177 advisors in the wirehouse channel switched firms, the smallest monthly number all year, according to Discovery Database.

The House of Representatives passed the Wall Street Reform and Consumer Protection Act of 2009 by a narrow margin Friday afternoon: 223 votes in favor to 202 against. But it will still be a long time before the regulatory future for broker/dealers...

UBS’ Wealth Management Americas unit today unveiled a new compensation program that will reward the firm's biggest financial advisors for loyalty and growth. That’s a departure from other brokerages where compensation is typically...

In her remarks before the Consumer Federation of America Thursday, SEC Chairman Mary Schapiro reiterated her commitment to creating a “strong fiduciary standard” for all securities professionals. She also called for clear point-of-sale...

The hunt for offshore account holders continues. The IRS is now trying to obtain the names of individuals who held offshore accounts with indicted financier and former billionaire Allen Stanford, according to a story in the New York Post. The IRS...