SEC Orders Advisor With Ties to Wells Fargo to Explain Actions on Doomed CDO
By Joyce HansonThe SEC ordered investment advisor Lisa Premo to answer questions about her alleged part in overstating the NAV of a fund after a CDO went into default in 2008.
January 18, 2012
Registrations Rise for TD Ameritrade Institutional’s Conference, Says BradleyRegistrations for TD Ameritrade Institutionals 2012 National Conference are up from last year, says Tom Bradley, the firm's institutional president, helped by the presence of some high-profile speakers like Vice President Dick Cheney and former head of the FDIC Sheila Bair.
January 18, 2012
CFP Board Mulls Changes to Disciplinary Approach on BankruptciesThe Certified Financial Planner Board of Standards announced Wednesday that its seeking comments by Feb. 17 on whether to modify the way the Board handles bankruptcy filings by CFPs.
January 17, 2012
TD Ameritrade Posts Mixed Results on Lower Trading for Q1 FY 2011TD Ameritrade reports that net new assets of $10.2 billion grew 11% vs. last year but dropped 18% from the previous quarter, as total assets hit $406.3 billion.
January 17, 2012
Jefferson National Completes Management BuyoutThe $83-million deal will support the companys growth efforts in the RIA and fee-based advisor markets.
January 17, 2012
Jefferson National Completes Management BuyoutThe $83-million deal will support the companys growth efforts in the RIA and fee-based advisor markets.
January 16, 2012
Supreme Court Rules in Favor of Arbitration–AgainLast Tuesday, the Supreme Court ruled in Compucredit Corp. v. Greenwood in favor of what the law firm Sutherland Asbill & Brennan says is the latest in a series of opinions that have 'come down firmly on the side of the enforceability of consumer arbitration agreements.'
January 16, 2012
Fiduciary Debate: What if Doctors Could Act Like Advisors?Wherein our intrepid blogger applies the logician's reductio ad absurdum argument to the current debate over applying the fiduciary standard to brokers, or not.