If you are like most registered reps, your card probably says you are a financial advisor—and not a stockbroker. Indeed, whether you work at a large Wall Street brokerage or a small broker/dealer, the odds are you are holding yourself out as...
New York for the first day of a one-and-a-half-day workshop, called 529 Boot Camp, held by 529 guru Joe Hurley, in New York.
Like any other rep, Ron Carson, whose $870 million practice rates him as one of America's top brokers, is vulnerable. This is the conclusion he drew from a 2002 incident in which he was hit with a $12 million complaint. He was accused of a garden...
Brokerage firm executives aren’t generally known for their glowing adoration for regulators and their proposals, but Dick Averitt of Raymond James Financial Services had some particularly harsh words for the NASD in a speech here Monday...
The SEC has nailed some additional broker/dealers for failing to disclose payment relationships they had with companies their research departments covered.
Imagine working for a broker/dealer which isn’t allowed to open new mutual fund accounts for a month.
In a move that surprised few, the SEC voted 5-0 Wednesday to ban “directed brokerage,” in which mutual fund managers direct trades through brokerages’ trading desks as a reward for them selling their funds to retail clients...