The NYSE’s regulatory unit, the New York Stock Exchange Regulation, introduced on Tuesday a new Web-based educational tool for brokers, that is aimed at reducing the number of enforcement actions.

H&R Block Financial Advisors recently lost an appeal to stop three departing brokers from soliciting or contacting their clients. For reps around the country, the ruling means that moving your book could get a lot easier.

Rick’s Cabaret International, a publicly traded strip, er, “gentleman’s club” will be hosting a special “Stockbroker’s Due Diligence Ball” at its New York City mammary mecca, beginning with an all day &...

In an election victory that would make Ralph Nader, Ross Perot and other pot-stirring outsiders smile, two of three candidates running against NASD’s leadership supported nominees have won seats on the self-regulator’s National Board...

Princeton University is steamed at Merrill Lynch for rebranding its captive mutual-fund operation Princeton Portfolio Research & Management.

It’s no longer business as usual on Wall Street. Starting yesterday, broker/dealers must follow a new SEC rule that requires them to disclose at certain times that they may not be acting in their clients’ best interest. The change...

Alleged takeover talks between Morgan Stanley and institutional money manager BlackRock have reportedly been called off due to a runup in BlackRock’s stock price, CNBC reported on Feb. 1. Shares of BlackRock (BLK) have risen 11 percent since...

Charles Schwab has managed to reverse its fortunes in a relatively short period of time thanks to a smart ad campaign and major cost-cutting.

Management of A.G. Edwards is trimming its compensation and raising the performance expectations it has on brokers. As the brokerage industry moves upmarket and seeks better return on equity and profit margins, the pressure for reps (and their...

Merrill Lynch, in an effort to bolster distribution of its poor-selling proprietary funds among third-party financial advisors, unveiled on Monday a new retail asset-management brand name: Princeton.