Yes, it's easy to get sick of all this hype about the environmental movement. An Inconvenient Truth (whether you agree with its conclusions or not) won an Oscar; hottie celebs are driving hybrid automobiles; the press gushes about eco-related...
Citigroup Dinged $15 Million: The NASD settled with Citigroup Global Markets to the tune of $15.2 million for charges related to misleading documents and inadequate disclosure stemming from retirement seminars and meetings with BellSouth employees...
Are you an advisor or a broker? Yes, we know, you're a financial advisor, or a wealth manager or whatever fancy term you use to win clients and gather assets. And that's just the problem: Many Series 7 holders out there are positioning themselves...
Registered Rep. spoke with Mark Goldberg (former CEO of Royal Alliance Associates) about his new endeavor, Private Wealth Management, which provides independent wealth management firms with capital to help them grow. Registered Rep.: What does...
St. Louis will officially be home to the new Wachovia Securities, after Federal Antitrust regulators approved Wachovia Corp.’s acquisition of A.G. Edwards on Monday. Wachovia says the proxy detailing the ins and outs of the deal for...
Merrill Lynch was hit by yet another discrimination suit yesterday. This time the Equal Employment Opportunity Commission, the federal agency that enforces laws regarding workplace discrimination, is heading the complaint on behalf of former...
Everybody is a wealth manager these days. But just what does the term wealth manager mean anyway? The term used to be solely the domain of trust departments in blue-blood firms, such as J.P Morgan. But now everybody is getting into the action...
Broker-dealers got the breathing room they hoped for on Monday with regards to complying with the recent court ruling that outlaws fee-based brokerage accounts. A federal court granted an SEC-requested 120 day stay, until October 1st, for firms to...
Registered Rep. Readers Are Awash in Numbers: Government statistics, agency reports, news releases, interest rates, and stock quotes. And so, we’ve selected a few fascinating statistics here that illuminate the markets, the world of financial...