Former registered broker-dealer representatives Peter D. Kelly and Daniel K. Ivandjiiski, have been barred from the securities industry for insider trading by the Financial Industry Regulatory Authority.
Richard England, Jr., the team at Martin Capital Management, Marc Turner and Elizabeth Verterano were named Community Leadership Award winners last night at the second annual awards dinner sponsored by <i>InvestmentNews</i> and the Invest in Others Charitable Foundation Inc.
According to the Congressional Budget Office, the fiscal-2008 budget deficit projection is $407 billion, compared with fiscal 2007’s $161 billion deficit.
Two divisions of Bank of America Corp. have agreed to buy back $4.5 billion in auction rate securities from individuals and small businesses across the country.
Manulife Financial Corp. of Toronto has named Donald A. Guloien to succeed Dominic D’Alessandro as president and chief executive officer.
Efficient Market Advisors LLC of Del Mar, Calif., announced today the launch of the first 403(b) retirement program offering professionally managed portfolios of exchange traded funds.
Another independent-contractor broker-dealer is being sold — and this time an insurance company is pulling the trigger on the deal.
Generally, under Internal Revenue Code Section 61(a)(12), income from discharge of debt is includible in gross income. This
Median prices of single family homes rose 0.9% in July from June, but they’re still down year-over-year by 11.4%, according to the July Home Price Index report released today by Denver-based Integrated Asset Services LLC.
Merrill Lynch & Co. Inc. of New York expects its retail client holdings of auction rate securities to fall to $7.5 billion by the end of the year, said Bob McCann, head of the firm's retail unit.
