A former Merrill Lynch broker has accused the firm of interfering with a regulatory inquiry into a case in which it allegedly skirted responsibility for advice given on a tax loss trade.
The final fate of two lawsuits arising from the 2007 merger of NASD and the New York Stock Exchange's regulatory unit could be decided in the coming months.
Easygoing Charles Johnston does not have the celebrity star power of the executives who run the other brokerage houses on Wall Street.
Denise Voigt Crawford is fighting the war for the states.
Emerging markets seem to offer the best prospects for investment, but some observers are warning that rapid capital inflows and rising domestic spending in developing economies are signaling the next bubble.
The broker attrition at Morgan Stanley Smith Barney LLC is slowing down, according to Charles Johnston, its president and chief operating officer.
Helpful hint for mutual fund portfolio managers: Get some skin in the game if you want to outperform other managers.
Commercial real estate is now a bargain, and the widely expected drop in commercial property values may not occur, according to a well-known real estate analyst.
Finra has opened up its checkbook to lobby Congress for authority over investment advisers.
