The SEC is feeling lobbyist pressure from both sides as it prepares to either appeal or let stand the March 30th ruling by a Federal Court of Appeals that vacated the “Merrill Lynch” rule.
Hydie Sumner’s ongoing battle with Wall Street took a new twist on Wednesday. It’s been ten years of legal wrangling with her former employer, Merrill Lynch. But today it’s another firm at the center of the Sumner drama—...
Registered investment advisors, broker-dealers and hedge funds are spending more money on compliance software than ever before. This according to a report released on Tuesday by research firm Celent, which predicts that the U.S. wealth management...
Wall Street: zero. Women: five. Or is it six? It’s not easy keeping track of the gender discrimination suits filed by female advisors against their firms over allegedly piggish working environments. (Well, wait, it’s not always women...
The SEC said today that it will distribute $125 million to more than 254,000 investors who were harmed by trading abuses in the PBHG Funds. The move is the first in a series of three disbursements from the Fair Fund coffers that will pay out $267...
The lawyer for a former Merrill Lynch broker has accused an NASD arbitrator of deciding a key part of the broker’s case before he even had a chance to offer his arguments.
Las Vegas: "Is it possible to make a lot of money, run in affluent circles, and still be somewhat intimidated about approaching people for business?" asked Larry as we began our first break at one of our Rainmaker Weekends...
Screen of the Week: Kevin Matras of Zacks looks at how to find winning stocks in the winningest Sectors. Then he shows how to find more of them! Plus, get 5 top picks from some of the top Sectors.
