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The NASD received 363 comments on its proposed detailed set of rules governing how brokers can correct inaccurate customer dispute information on their CRD records, the NASD told Registered Rep. Magazine. The comment period ended Tuesday after...
The World of Registered Representatives Insights and Opportunities for Brokerage and Investment Management Firms Table of Contents About This Book Executive Summary Chapter 1:Segmenting the World of Registered Representatives Chapter 2:Critical...
Progress Of Total Return Legislation By Lyman W. Welch Sidley Austin Brown & Wood, Chicago The trend in evolution of total return legislation suggests that safe harbors and procedural limitations are advisable to protect the trustee from liability...
Can you say annuitization? Prudential Securities brokers had better get comfy with that wirehouse jargon for fee-based advisory business or get used to making less money. Pru announced that it has introduced a new payout plan that reduces its...
Today the big story on Wall Street was Merrill’s massive $2.2 billion charge against fourth-quarter earnings for layoffs. What the headlines didn’t say was that the firm was actually adding brokers to its U.S. retail unit, a...