Executive long-term care insurance can be an attractive benefit both for the company offering it and the insured.

Separately managed accounts (SMAs)are no longer the new kids on the block, but they continue to grow at a steady pace. Assets in SMAs have nearly doubled over the past five years, to $774 billion

Prudential Equity Group, a broker/dealer subsidiary of Prudential Financial, got slammed Monday with one of the biggest settlements seen in a market timing case: $600 million in fines, restitution and penalties.

Earlier this month, a Bridgeport, Conn., judge slapped a temporary restraining order (TRO) on a pair of sibling reps after they ditched their jobs at Merrill Lynch’s Stamford branch to join Morgan Stanley.

Merrill Lynch has apparently decided it’s had enough of Hydie Sumner, a former broker who sued the firm successfully in 2004 for sexual discrimination.

Kelley Rating (one asterisk = lowest, five asterisks = highest): * Ease of navigation, design of interface and learning curve ***** * Instructional documentation and help system **** * Carries out the goal of the product as advertised ***** *...

The registered investment advisory business had a knockout year in 2005, according to the recently released seventh-annual Rydex AdvisorsBenchmarking Survey.

The NYSE and the NASD are in talks to merge their regulatory operations, MSNBC reported on Monday. A deal could come in the next few months.

Pension Protection Act of 2006, which President Bush signed into law yesterday, allows Series 7-holders to provide advice to 401(k) plan participants and directs the Secretary of Labor to issue a class exemption for advice provided to IRA holders.

Lawyers who represent investors in securities arbitrations hope that a proposed NASD rule will take effect soon.