FINRA at 5 Years: Highlighting 7 Areas of Action
Quite a bit has happened in those five years: billion-dollar frauds, a flash crash exposing major volatility issues and a bill supporting FINRA as advisors' SRO, to name a few developments.
Edelman Financial to Be Sold to Private Equity Group
The well-known—and controversial—advisor, radio and television personality Ric Edelman announced Monday that his Edelman Financial Group had entered into a merger agreement with Lee Equity Partners.
New Hire Roundup: Murphy New FSC President/CEO; MSRB Taps New Officers, Board
This week in new hires, FSC named Jerry Murphy its new president and CEO, while MSRB announced new officers and members of its board.
FSC Names Jerry Murphy New President and CEO
Atlanta-based FSC Securities Corp., one of Advisor Group’s three independent broker-dealers, said it named Jerry Murphy as its new president and CEO on Monday.
Credit Suisse to Offer Platform That Discourages High Frequency Trading
First U.S. electronic communications network to be started in five years.
Markets, LPL Trade Up Slightly for Day, Week
IPOs rise for a second day and other shares recover after falling 1.6% on Wednesday. LPL Financial moved up on its second day of trading by 1.46% to 32.60.
FINRA to Assume Oversight of NYSE Euronext Markets
The Financial Industry Regulatory Authority (FINRA) will assume surveillance and enforcement functions for NYSE Euronext's three U.S. equities and options markets in an agreement announced June 14.
More Regulation Post-Madoff?
The only thing they are certain of is that his alleged Ponzi scheme--estimated at $50 billion--will prompt fresh calls for regulators to beef up enforcement...
Obama's Schapiro selection already facing scrutiny
Obama's selection of Mary Schapiro to head the Securities and Exchange Commission is already coming under fire. Wall Street Journal political reporter T.W. Farnum, claims...
BGI Launches Theme Funds
One of the developing trends over the past few years has been theme-based investments. The idea is to focus on emerging ideas that may reshape...