NEW YORK — Workers know they need financial planning, and they are looking at their employers to guide them to sound decisions, according to a study from Ameriprise Financial Inc. in Minneapolis.
IRVINE, Calif. — Critics of the industry arbitration system want the Financial Industry Regulatory Authority to require that “public” arbitrators have no ties to the industry. In a rule awaiting approval at the Securities and Exchange Commission, New York- and Washington-based FINRA has proposed limiting to $50,000 a year the amount of revenue a public arbitrator could receive from brokerage firms for handling customer disputes.
NEW YORK — Chief executives are feeling more confident about expanding their companies’ reach into emerging markets, but portfolio managers are still wary of investing in the sector.
NEW YORK — Investors surveyed by Spectrem Group admitted to reading at least one Internet blog to obtain financial information.
WASHINGTON — Investment opportunities in India are on the rise, as experts predict that the country’s potential lies well beyond customer call centers. Greenwich (Conn.) Advisors LLC recently created an open-end fund that will invest in 25 to 40 Indian companies in a range of industries, including software, banking, infrastructure, retail, pharmaceuticals and real estate.
PONTE VEDRA BEACH, Fla. — Thanks to the largesse of the FedEx Cup, the best retirement plan in sports just got better.
Gordon Robert Moore was indicted by a Colorado grand jury on 45 counts of theft, securities fraud and forgery.
MSC is the subject of a complaint by FINRA concerning the firm's allegedly shoddy VA bookkeeping.
The SEC alleges that the firm violated Regulation S-P while it recruited registered representatives.
In the newly created position, Mr. Lee will be responsible for expanding the investment bank's business in Taiwan.
The claim centers on investments in Collateralized Mortgage Obligations, or CMOs.
New York Life Insurance Co. has named Steven Lash as senior vice president of the corporate finance department and Richard Witterschein as the company’s new first vice president and treasurer of the department.
Regulators continue to leave independent- contractor broker-dealers in the lurch over the tricky issue of how brokers can use clients’ private information when moving accounts to a new firm.
In the race to show the highest-producing sales forces, brokerage firms may be goosing the numbers.
Inflation appears to be contained, but that hasn’t stopped inflation-protected-bond funds from outperforming.
Senate Finance Committee leaders are working on a plan to resurrect legislation to cap deferred compensation, which they could reintroduce next month as part of a bill that would extend popular education tax breaks.
NEW YORK — Despite the strides gay couples have made to have their relationships recognized by the courts, estate planning remains more complicated for them.
