Total Return Fund said to hold no government paper as of the end of February
Uncle Sam's most recent offering of medium-term notes draws surprising interest; 4% yield seen as possible
Land of Lincoln prepping new debt issue; yields still lower than government paper from Portugal, though
A lawyer for clients suing Securities America over Reg D offerings that went bust says parent Ameriprise has agreed to pay $27M to end the litigation.
On Wednesday, Finra accused David Lerner Associates of selling an unsuitable investment -- shares of Apple REIT -- to unsophisticated and elderly clients. Sales of Apple REIT comprised 60% of the brokerage's business since 1996, the regulator added. In a statement, the firm said it expects 'to be completely vindicated.'
Wells Fargo wagon slow in getting info to clients, regulator claims; brokerage settles charges for $1M
Kenneth Marsh pleads guilty to fraud; supposed global operation actually run out of strip mall in Staten Island, prosecutors say
Santander Securities agrees to pay $2M to settle charges brokers sold unsuitable investments to the elderly
Commission claims Hanlon failed to inform clients that his firm's financial status was 'seriously impaired'
