Citigroup has been fined $600,000 today by the Financial Industry Regulatory Authority, <a href=http://www.forbes.com/feeds/afx/2009/10/11/afx6989203.html>according to multiple media reports.</a>
Nearly two years after her ouster from Morgan Stanley, Zoe Cruz, the firm's former co-president, is now plotting to launch her own alternative investment shop.
M Financial Group is expanding its reach across the border and has added Caledonia Planning Group of Ontario, Canada, to its roster of advisory firms, the company announced yesterday.
Securities and Exchange Commission Chairman Mary L. Schapiro last week issued an open letter to broker-dealer chief executives, warning them to make sure supervisors are vigilant about conflicts of interests as they recruit registered representatives.
SEC Chairman Mary L. Schapiro today issued an open letter to broker-dealer chief executives, warning them to make sure supervisors are vigilant about conflicts of interests as they recruit registered representatives.
T. Rowe Price Group Inc..'s second-quarter profits dropped 38% in the second quarter, in large part due to investment-advisory revenue. The Baltimore-based firm did, however, beat Wall Street expectations.
Eric R. Dinallo is resigning as superintendent of the New York state Insurance Department, effective July 3, to become the Henry Kaufman visiting professor of finance at New York University’s Stern School of Business.
Clearing giant Pershing LLC has rolled out a program to help client firms attract fee-based advisers who do some commission business.
