A controversial NASD initiative that would give investors easy access to complaints against brokers is undergoing some change, but it’s looking increasingly likely to come to fruition. In April of 2003, NASD laid the groundwork for the so...

The Investment Company Institute has responded in kind to a recent study that found that mutual fund investors shoulder exorbitant management fees. The original report, by professors John Freeman and Stewart Brown, concluded that equity fund...

Though still in its infancy, Smith Barney’s unified managed account has gathered more than $500 million in assets in just two-and-a-half months. The UMA, as it is referred to, allows reps to monitor a variety of structured products—...

In February, Registered Rep. will introduce a new monthly column, “The Ethical Rep,” perhaps the first of its kind in the securities industry. A team of more than 30 prominent securities attorneys, law school professors and industry...

Some major fund families have been damaged by scandal, but American Funds and a few others are—so far—keeping it clean.

The “information highway” can quickly become the road to ruin for some unwitting investors, according to Stephen Harbeck, president of the Securities Investor Protection Corporation (SIPC). In a conference call held by SIPC, together...

Previous rewards for selling funds and annuities are eliminated; producers with more than $300,000 in production will see a bump in compensation.

Profits are still up in the last seven of nine quarters, fueling optimism.

Regulators have recommended “enforcement action†against Raymond James for failing to give clients breakpoint discounts