SEC Chairman Harvey Pitt received a standing ovation this morning after his speech to the Securities Industry Association’s annual convention in Boca Raton, Fla. The chairman, who resigned on election night, introduced his speech saying, that...
SEC Chairman Harvey Pitt received a standing ovation this morning after his speech to the Securities Industry Association’s annual convention in Boca Raton, Fla. The chairman, who resigned on election night, introduced his speech saying, that...
It's official: It's a time for "building investor confidence." That’s the theme of this year’s Securities Industry Association gabfest, held at the tony Boca Raton Resort & Club in Boca Raton, Fla. Never mind that SEC...
Brokers continue to take hits for Wall Street's research conflicts and the sluggish market, according to two recent polls that show investors are not seeking advice from brokers.
Separately managed account assets dropped 5.6 percent to $392.57 billion for the third quarter from $415.86 billion in the previous quarter, according to The Money Management Institute (MMI). But at least one analyst sees business improving this...
By Carol X. Vinzant For registered reps leaving the safety of a wirehouse, picking the right firm for the back office work can be the hardest part. The task is as confusing as choosing a new cell phone service--and about as fun. How should a...
The Firm: Capital Investment Management,Denver Principal: Christopher Pelley B/D Affiliation: Secrurities Service Network Year of Independence: 1992 Assets Under Management: $150 million I guess you could say I'm a contrarian because while some...
An old Greek proverb warns that you shouldn't speak of rope in the house of a man who has just been hanged, but if rope is your stock in trade, what can you do? While your clients may not be as happy to discuss their 401(k)s now as they were back...
Are small producers an endangered species? During the bull market, a broker with $250,000 in production was treated with a benign indifference, if not outright encouragement. Even as the bear market gripped the industry, firms were willing to keep...
