Announcing the 2014 Investment Advisor Broker-Dealers of the Year
In 24th annual voting by their own independent BD reps, Prospera Financial, Questar Capital, The Investment Center and Cambridge Investment Research lead the pack.
Clearing Firms Join the Robot Race
Robo-advisors and other new technologies are transforming the clearing space.
Playing the Long Investment Game
In geology, vast time horizons unveil big changes, and in investing, offer powerful leverage.
BofA to Pay $16.65 Billion to End U.S. Mortgage Probes
The settlement, which includes $7 billion in consumer relief and a $5 billion penalty, is the harshest penalty yet related to the 2008 financial crisis.
SEC Enforcement: Kansas Charged With Securities Fraud
In another action, a brokerage firm and its founder were charged with violating net capital requirements and falsifying data in an attempt to mislead examiners.
New Hire Roundup: Women in ETFs Announces Board Members, Leaders
Also in new hires, FNEX has named Neal Wolkoff to its newly formed board of advisors.
New Hire Roundup: Altegris Names Murphy Deputy CIO
Also in new hires, Lindsey and Lindsey adds Christina Lindsey Orta, and former Gov. David Paterson joins IFS Securities.
Capital Group Joins BlackRock in Filing for Non-Transparent ETF
The owner of the American Funds family is seeking regulatory approval for a new type of ETF that would support more active management.
Barney Frank Cheers FSOC for Role in Money Market Fund Overhaul
Before a House committee, Barney Frank commented on several controversial aspects of his namesake financial reform law, including one that makes him "nervous."
Kotlikoff: Investors at Risk of Wipeout, SIPC a Fraud
Economist Laurence Kotlikoff says all Americans should close their brokerage accounts immediately because of what he calls a massive insurance scam by the SIPC.