Since June, the Morgan Stanley Dean Witter name has been official and it is now being used for all the firms products and services.Even though Morgan Stanley merged with Dean Witter more than a year ago, regulatory hurdles have delayed formal use...
In July, SEC employees voted 968 to 373 to join the National Treasury Employees Union. Union organizer Michael Clampitt, a lawyer in the SEC Division of Corporate Finance, spoke with Registered Representative.RR: With more protection because of a...
Morgan Stanley Dean Witter is offering a 100 dollar credit to people who open online accounts by Sept. 5. But they must contact an MSDW broker to establish the account and receive the 100 dollars.A minimum investment of 2,000 dollars is required...
Just days after the NASD created a new dispute resolution subsidiary geared at improving the perception of its arbitration forums, the regulator was accused of "rigging" arbitration panels.The allegation was made by the Public Investors...
Thinking about moving your accounts from commissions to fees, annuitizing your business and earning a steady paycheck?It won't work, says David Bromelkamp, a Minneapolis-based rep and a member of Dain Rauscher's consulting group. Your approach is...
UBS Warburg is giving PaineWebber brokers retention packages of stock and options. No cash was offered.The bonuses are part of the UBS takeover of PaineWebber, announced July 11. The details were revealed to brokers the following week (see "UBS...
Canadian retirees can now manage their retirement accounts whether they are north or south of the Canadian border.After a year delay, the SEC has issued rules that exempt Canadian broker/dealers and reps from U.S. registration requirements when...
A number of online wrap account providers have sprung up offering managed accounts to do-it-yourselfers. But so far the programs have attracted few assets.Fees ranges from 110 to 125 basis points (depending on services). Full-service Wall Street...
Salomon Smith Barney has quietly formed partnerships with 65 small, unaffiliated banks. In the past two years, the firm has opened miniature "investment centers" inside the banks.The goal is to expand SSB's market presence without spending money...
Morgan Stanley Dean Witter is hoping it shake up the mostly staid British mutual fund marketplace. In late July, the investment giant began an all-out advertising campaign singing the praises of its latest U.K. offering--U.S. -style no-load mutual...
