An SEC commissioner today said that asking broker/dealers and investment advisory firms to waive their legal right to attorney-client privilege in order to speed up the pace of enforcement investigations is shortsighted.

Among other initiatives for 2007, Morgan Stanley is planning to upgrade its financial-planning offering for retail advisors—and apparently it’s overdue.

Advisors who hold certain obscure professional designations may want to think twice about touting their alleged specialties on their business cards, mailings or other advertisements—at least in the state of Massachusetts.

Merrill Lynch has announced that it will offer fat bonuses for increased production from either fees or commissions in 2007. But, only certain brokers are eligible

Wall Street seems to have cleaned up its act. Or maybe it's just that people aren't losing buckets of money in the stock market anymore.

Pump and Dump Shut Down: A U.S. District Court in Florida ruled in January against two individuals accused of running a penny-stock manipulation scheme that netted more than $25 million in profits.

ON DEC. 30, 2006, more than a dozen SEC commissioners and employees received a lengthy email from a woman referring to herself as Miss SEC 2006.

A lot of investors are going to get their pesky 1099 tax-reporting forms—the ones that report dividend and interest income—late this year. USA Today reports that at least five firms—Morgan Stanley, Merrill Lynch, Wachovia...

revamping our health care system to address its outrageous costs and the millions of uninsured.

The head of the Financial Services Industry Institute (FSI), the association representing independent broker/dealers, is feeling a little more comfortable with regulators. But, on the other hand, John Simmers, chairman of the FSI, also warns that...