News

An arbitration panel, told to reconsider a $25 million award to broker Stephen Sawtelle, has upheld that award.

TO BUY A Products & Services Listing for the 2004 Trusts & Estates Directory of Trust Institutions Print Form Here

The good news for reps is that the world doesn’t hate you. The bad news is that acquiring clients--particularly affluent ones--is getting a lot more tough. A recent Smith Barney survey of nearly 1,200 affluent investors shows only 4 percent...

ON THE COVER: The 1972 aboriginal painting “Water and Bush Tucker Dreaming,” by Johnny Warangkula Tjupurrula was sold this July at Sotheby’s auction house in Australia for $78,145. Johnny Warangkula Tjupurrula was among Australia...

Two former Smith Barney brokers have denied WorldCom-related allegations brought against them by the NYSE.

The regulatory body has proposed that brokers with extensive actions or complaints against them receive enhanced supervision.

While Smith Barney now considers the WorldCom option-account problems at its Atlanta branch closed, two former brokers are still waging their legal battle.

The Joint NASD/industry task force released its study on breakpoints last month, confirming that millions are owed to clients by firms for not applying discounts on breakpoints. The NASD is now making sure the firms know exactly how to rectify the...

Separately managed accounts can be confusing, but the paperwork and operations behind them need not be—or at least that’s the thrust of a new effort by Smith Barney Consulting Group. Smith Barney is in the midst of rolling out its new...

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