Pilgrim Baxter Settles Market Timing Case
June 21, 2004 -- Pilgrim Baxter & Associates has agreed to a $100 million settlement in a case involving improper trading of its mutual funds,...
Ameritrade to Buy JB Oxford's Discount Brokerage Business
Ameritrade Holding Corp. subsidiary Ameritrade Inc. said Monday it plans to buy the online retail account business of JB Oxford Holdings Inc.
With changes afoot on everything from e-mail archiving to breakpoints to money laundering and the Patriot Act, independent broker/dealers have to be nimble. Into the...
What I Learned in Canada
I learned at least two valuable lessons while attending the National Association of Personal Financial Advisors conference in Toronto. To wit: 1) Canadians have a good...
The IA 25
Who are the people who will most affect the way you practice your profession in the years ahead? We humbly submit the 2004 IA 25,...
Defining Your Role
As an advisor trying to build a successful practice, you have a limited amount of time each day to accomplish a seemingly unlimited number of...
Where the Buck Stops: B of A Says It Will Seek Compensation from Other Funds
CHARLOTTE, N.C. (HedgeWorld.com)--Bank of America Corp. officials said they will seek reimbursement from hedge funds and other investors that used the bank's trading systems to...
The E&O Crisis
The market may be up, but there are challenges aplenty facing advisors in the current regulatory climate. The Securities & Exchange Commission, National Association of...
Spitzer, SEC Set Sights on FleetBoston's Columbia
BOSTON (HedgeWorld.com)--New York Attorney General Eliot Spitzer and the Securities and Exchange Commission on Tuesday filed separate civil complaints against FleetBoston Financial Corp. subsidiaries Columbia...
Competitive Regulators Might Scapegoat Hedge Fund Industry
NEW YORK (HedgeWorld.com)--Goaded by the aggressive investigations of New York State Attorney General Eliot Spitzer, the Securities and Exchange Commission could be looking to increase...