ALBANY—On Tuesday, the New York State Court of Appeals heard the appeal of Chaskie Rosenberg, a registered rep who was fired in 2003 by Metropolitan Life Insurance. The court’s decision could have a major impact on New York laws about...
Phoenix: "I think it's time that we focus on growing the practice" stated Mark. "We do a great job for our clients, we have good policies and procedures, and last year we focused on upgrading and transitioning our clients to where we were truly...
Are you stressed? According to a recent poll, the job of financial advisor is the third best in the country in terms of long-term growth potential and income, but the tradeoff is higher stress.
We, the editors of Registered Rep. magazine, are officially opening our annual hunt for the best in the business. That’s right, we’re asking for nominations for the 2007 Outstanding Advisor Awards (formerly the Outstanding Broker...
The NASD announced today it fined three mutual fund distributors a total of $700,000 for violations of its non-cash compensation rules. One firm’s activity list for a Saturday training session—when no education and training events were...
An SEC commissioner today said that asking broker/dealers and investment advisory firms to waive their legal right to attorney-client privilege in order to speed up the pace of enforcement investigations is shortsighted.
The hedge fund backlash has begun. Tired of the hassles of investing in hedge fund limited partnerships, more advisors are creating their own “hedge fund”-like strategies with new hybrid mutual funds. You can do it, too.
Attention branch managers: Your job may have a lot more significance than that of your company’s CEO—at least when it comes to the reps you manage. That was the overwhelming result of an informal poll we took of Smith Barney advisors...
