State regulators have an ally in the Obama administration.
Investors should prepare for a roller-coaster ride for the rest of the year as equity markets struggle to make headway.
The Municipal Securities Rulemaking Board's revamped municipal-bond disclosure system, set to go live next month, won't be quite the panacea for disclosure that regulators hope, according to some observers.
The Stanford and Madoff fraud cases have put the brokerage industry's disclosure system under the spotlight.
The Public Investors Arbitration Bar Association, a trade group for attorneys who represent investors in securities arbitrations, has formally asked the Securities and Exchange Commission to end the mandatory use of industry arbitrators.
The Financial Industry Regulatory Authority Inc. announced today that it had fined Raymond James & Associates Inc. of St. Petersburg, Fla., and RBC Capital Markets Corp. of New York, over stock-loan violations.
Nouriel Roubini, chairman of research firm RGE Global Monitor of New York, said today that a 1970s-style stagflation could reappear.
The “liquor indicator” is showing that consumers are still worried about losing their jobs.
Despite the intense scrutiny on executive compensation by legislatures and regulators, major brokerage firms continue to offer generous recruitment packages to top brokers.
Keith Gregg, former president and chief executive of First Allied Securities Inc. of San Diego, is suing the firm, claiming that he was forced out after complaining about improper practices at the company. Officials at the firm deny the charges and were set to answer the complaint and file a counterclaim against him today.
