Firm says its registered reps are looking to join another B-D
Finra said its Southern regional director had resigned to pursue other interests, but a self-proclaimed whistle-blower is taking credit for his departure. Dan Jamieson reports.
Quick expungements are the rule and nearly all cases get OK'd.
Atkins had oversight for Florida, Atlanta, New Orleans.
Judge denies most claims; next stop is Finra arbitration.
Amendment would require Labor Department to work with SEC on revised standard
An attorney for brokers who left John Thomas Financial claims Finra is probing whether the brokerage tried to intimidate the departed reps.
SEC and Finra urge caution when buying or selling pensions, citing fears of extensive and unexpected costs.
Finra on Tuesday slapped LPL with a $7.5M fine, its largest ever for an email-related case. The brokerage allegedly failed to adequately oversee 28 million electronic messages over a four-year period.
With Mary Jo White at the helm, the SEC will try again at reforming money market funds. The new chairman is keeping her cards close to her chest but the industry is hopeful she'll play a good hand.
The Financial Stability Oversight Council has classified both AIG and Prudential as 'too-big-too-fail.' That's too bad for customers. Here's why.
Instant approval once paperwork is filed, fee is paid.
In an arbitration claim, a former rep at J.P. Morgan says brokers didn't get commissions on trades of nonproprietary funds, including those marketed by Pimco.
The SEC under Mary Jo White floats one small step in money market fund reform with a proposal that would make only institutional prime funds float NAVs. It's a good deal for the likes of Vanguard, Schwab.
If designation holds, firms will be subject to Fed oversight, stricter control
Six big mutual fund companies last week agreed to disclose the daily NAV of their money funds, an unusual show of unity among rivals aimed at heading off the threat of stricter regulation.
In front of mutual fund group, chief regulator says little about revamp.
