BofA Merrill to Pay $42M Over Secret Electronic-Trading Deals That Included Madoff Securities
By Janet LevauxFrom 2008 to 2013, the bank did not tell institutional clients it was routing 16 million equity orders to electronic liquidity providers.
March 22, 2018
These Actively Managed Funds Tie Fees to PerformanceAllianceBernstein has just launched its FlexFee funds on multiple advisor platforms including Schwab, TD Ameritrade, Pershing, LPL, Merrill Lynch and Morgan Stanley.
March 22, 2018
Stocks Tumble After Trump Orders Tariffs on $50B Worth of Chinese GoodsThe Dow was down more than 700 points Thursday on fears that retaliation will spark a trade war.
March 22, 2018
Van Law to Step Down as Head of Raymond James' RIA GroupThe departure is 'surprising news,' recruiter Jon Henschen says.
March 22, 2018
US Portfolio Performance Surpassed European Peers in 2017Currency was a key factor in disparate performance, catching many investors unwary of risk, Natixis reports.
March 22, 2018
What Advisors Think About the Broker ProtocolFidelity surveyed advisors on their top concerns about making the switch to another firm or to independence.
March 22, 2018
Citigroup Restricts Gun Sales by Its Business CustomersCitigroup is the first major bank to impose restrictions on firearms, but some retailers have already done so.
March 22, 2018
Less Is More in World of Corporate Bond Trading, Report SaysInstitutional traders are having an easier time with $5 million orders.