Woodbury Financial Services, a subsidiary of The Hartford Financial Services Group, hired Albert Johnson as chief compliance officer of broker/dealer services. Prior to joining Woodbury, Johnson most recently served as chief compliance officer of...
The Cato Institute recently reported that there are no less than 28 “studies” recommended in the Senate’s version of the financial regulatory reform bill. Of all these “studies,” the most wasteful and harmful is the...
Seventy-nine-year-old widow Lois Pillen alleged that in 2007, various securities were purchased in her Wachovia Securities LLC account without her authorization. The FINRA Arbitrator found Respondent Wachovia liable for and $26,000.00 in...
The financial crisis left some serious emotional scarring on the ultra rich. In fact, they trust the government less since the downturn, and believe the U.S. and global economies will continue to deteriorate, according to a recent Barclays Wealth...
The Senate voted 60-40 Thursday to end weeks of debate on Christopher Dodd’s financial regulatory reform legislation. Hotly debated proposals to extend the fiduciary standard to brokers did not make it into the final version of the legislation.
