In October 2003, a back-office glitch made Robert Burns the recipient of $12,000 that did not belong to him. Burns was an advisor with Merrill Lynch, Pierce, Fenner & Smith, and the error involved crediting the funds to Burns' personal account...
Theodore Sihpol III, a former broker at Banc of America Securities (BAS), and poster boy for the market-timing scandals and the first target of Spitzer to say no to a plea offer has settled with the SEC. In 2003, the SEC alleged that Sihpol helped...
For this second installment of Fix My Practice (the first one appeared in the September 2005 issue), we talked to an insurance industry veteran who recently embarked on a push to expand his financial-planning practice. We asked three experts Steve...