Not all wealthy clients are created equal. Yes, we know, some are a lot richer than others. But seriously. According to new research, despite years of effort by financial advisory firms to force reps to focus on millionaire clients, less than a...

Anat Kendall: Hello, everyone. On behalf of The New York Times and Registered Rep. magazine, I’d like to welcome all of our participants to The New York Times Job Market Roundtable. Our purpose here today is to have a robust discussion of &...

The Securities and Exchange Commission is cracking down on investment seminars aimed at taking advantage of seniors, SEC Chairman Christopher Cox announced Friday at the annual consumer assembly of the Consumer Federation of America.

Asset-management firm, Legg Mason, announced on Thursday that its founder, Raymond “Chip” Mason, is stepping down as president.

If you listen to your firm’s analyst and your client loses money, who is to blame? You, the client, the analyst or the firm?

Is James Gorman, the new head of retail at Morgan Stanley, brazenly poaching employees from his old firm, Merrill Lynch?

Morgan Stanley reported bad news on first quarter retail earnings today. Both pre-tax income and margins declined steeply for its brokerage business, but in a conference call this morning chief financial officer David Sidwell expressed optimism...

Congress is moving forward on adding an amendment to the three-decade-old Employee Retirement Income Security Act (ERISA) that could have a significant impact on the way registered representatives do business.

The SEC has charged 11 more individuals in a fraudulent scheme involving the use of squawk boxes to front run institutional trades.

A federal judge barred for life a former Prudential Securities broker for failing to respond to an order instituting proceedings (OIP) issued by the SEC over fraud charges.