Scottrade today announced that is has promoted Brian Davis to lead Scottrade Advisor Services.
After the sell-side analyst scandal in 2003, the SEC negotiated a settlement with i-banks to rein in tainted research. Now, the Senator Banking Committee chair wants to reexamine that deal
President Barack Obama's health plan proposal would extend Medicare taxes to the investment income of higher-earning households.
Property values have now risen by almost 15% since hitting their lows in May 2009, according to Green Street Advisors Inc., but values are still off about 30% from their late 2007 peak.
Two plaintiffs claimed that brokerages were misled about NASD's merger with the NYSE's regulatory unit. Apparently, Judge Jed Rakoff wasn't moved by their arguments.
The Financial Industry Regulatory Authority Inc. has a tough task ahead of it in searching for the right person to replace Robert Errico in running its member regulation division.
Head of member regulation will be leaving the financial industry watchdog at the end of March.
The big wirehouses face major challenges that could thwart their announced plans to recruit brokers aggressively and hire more trainees, recruiters and analysts say.
A bill introduced last week in the California Legislature would require money manager placement agents to register as lobbyists and regulate their compensation.
