Four brokers who won a $1.1 million arbitration award against Wachovia Securities LLC last month are asking a federal court to punish the firm for what they say are misrepresentations it made in getting a temporary restraining order against them.
The bad blood between St. Louis crosstown rivals Stifel Nicolaus & Co. Inc. and the former Wachovia Securities LLC continues.
Folio Institutional and unitZXchange partnership makes it easier to use mix of assets in plan accounts
Flap stems from brokerage's new arbitration agreement prohibiting customers from filing class action
Financial details of Charles Schwab & Co. Inc.'s branch-franchising program have been revealed, and the early reviews as to how franchisees will fare are mixed
Although Charles Schwab has been readying its branch-franchising program for some time, few specifics have been released. But documents obtained by <i>InvestmentNews</i> reveal the estimated startup costs, along with Schwab's expected take.
Finra 'puts firms on notice' about their internal supervisory procedures regarding complex investment products
Regulators and RIAs would be better off if the latter were allowed to hire their own examiners — at least that's what one Georgetown professor contends.
Plaintiff argued that proxy soliciting member approval for NYSE combo was fraudulent
