The surprise departure of the CEO of BNY Mellon does not indicate any change of strategy for the custody bank -- or its clearing unit -- said a Pershing insider.
As the Labor Department prepares to issue stricter rules for the retirement fund industry, financial advisers at RIA firms are licking their chops over the prospect of poaching business from broker-dealers and insurance agents
Lisa Detanna, a former broker at Morgan Stanley Smith Barney LLC who became <a href= http://www.investmentnews.com/article/20101010/REG/310109952>embroiled in an arbitration claim filed by actor Larry Hagman</a>, has moved to Wedbush Securities Inc. in Los Angeles.
Because the barrier to going independent is 'higher than ever,' claims Pershing's Mark Tibergien. He may be on to something.
Finra-crafted rule creates new license for administrative personnel; exam mandated
Finra yesterday began surveying registered representatives and principals about their job functions as a first step in updating qualification exams.
Small-firm board seat up for grabs; Friday deadline fast approaching
Finra's proposal with the SEC to register operations staff has not gone over big in the adviser community. Here's why.
