A proposal by Finra to develop a qualifying test for investment advisers has received a cool reception from adviser groups, which claim that it is part a continuing campaign by the regulator to broaden its powers.
The president of a broker-dealer says that Charles Schwab took some of his assets off a custody platform after he hired a former Schwab employee. An isolated event? An attorney claims he has handled several cases over the last year arising from similar moves by the discount broker.
A broad coalition of accounting, financial planning and consumer groups are hoping that the new Congress will take up a long-sought-after ban on the practice of patenting tax strategies
SEC staff attorneys have been required to show proof that they are active members in good standing with at least one state bar association.
Energy industry specialists managed $450M at wirehouse
Some advisers aren't surprised to see the municipal bond market getting clobbered
A new Finra rule could put a crimp in the business of brokers who run outside investment advisory and insurance businesses
Some advisers aren't surprised to see the municipal bond market getting clobbered.
