Riverfront Investment Group, the asset manager founded by former investment gurus from Wachovia Securities, is launching three mutual funds.
Plaintiff's attorneys who are suing Morgan Keegan & Co. Inc. over its failed Regions Morgan Keegan Select bond funds are in an uproar about what they claim is the firm's cover-up of embarrassing documents.
Goble barred from securities industry for illegal transaction; co-founded FIA
Selling away is one area where Finra is likely to bring more cases, said Jim Shorris, executive director of enforcement at the regulator
A full decade after first proposing to revamp form ADV Part 2, the Securities and Exchange Commission is set to approve revisions to this key disclosure document this week
Broker-dealers are in favor of several proxy proposals that urge the Financial Industry Regulatory Authority Inc. to become more transparent, but they doubt Finra will implement any of the ideas even if a majority of members approve them.
Amid the rather lackluster financial results announced today by the Charles Schwab Corp., the company's RIA custody business continues to shine.
Finra-backed candidates who represent large and midsize firms are running unopposed so far in the regulator's upcoming board election, but a battle is brewing for three open small-firm seats.
A former SEC attorney who spearheaded the investigation of Pequot Capital Management Inc. — until he was fired in 2005 — says his own continuing efforts drove the Securities and Exchange Commission to pursue the hedge fund and its founder Arthur Samberg for insider trading.
