SEC, FINRA Enforcement Roundup: Former Billion-Dollar Hedge Fund Advisory Firm, Execs Slapped
By Marlene Y. SatterCitigroup, Merrill Lynch and Natixis were among those sanctioned by the SEC and FINRA this week.
October 12, 2012
SEC Proposes Extension of Principal Trading Temporary RuleThe SEC is proposing to extend the date on which temporary rule 206(3)-3T sunsets by another two years, from Dec. 31, 2012 to Dec. 31, 2014.
October 11, 2012
HighTower’s Pagnato-Karp Group Lands Former Merrill Lynch AdvisorThe advisor-owned financial services firm announced on Thursday that David Nelson has joined its Pagnato-Karp Group.
October 10, 2012
Raymond James Women Welcome Morgan Keegan, Other AdvisorsRJ's 18th annual Womens Symposium kickoff made it clear to women advisors from the newly acquired Morgan Keegan that they are a welcome addition.
October 10, 2012
Is the CFP Board’s Umbrella Big Enough for an Advisory Profession?What does the CFP Board really want to be when it grows up? An organization for professional financial advisors or a certifying body for securities salespeople?
October 09, 2012
Can Advisors Have ‘Zero’ Conflicts of Interest? The Legal and Regulatory RecordThe CFP Boards director of investigations makes the case that there is no such thing as zero conflicts of interest and that the nature of material conflicts of interest is subject to change.
October 05, 2012
The Future for Advisors: Morgan’s Paul Hatch vs. iShares’ Mark WiedmanAt Morningstar ETF Invest, Hatch promoted long-term client relationship building while Wiedman stood for the brave new world of transparency.
October 04, 2012
4 Cool Apps for Impressive PresentationsStill using PowerPoint at all your client meetings? It might be time for an upgrade. These apps could help.