Social Security
The top Social Security news, strategies and planning insights advisors can use to best serve clients.
RIA Has 20 Sales Openings
By Staff WriterCUSO Financial Services L.P. says it wants to hire registered securities sales representatives and licensed sales associates to work in credit unions.CUSO, San Diego, a ...
September 01, 2008
Whither the Independent B/D?Furthering the consolidation trend in the independent broker/dealer industry, Securities America Financial Corp. has agreed to acquire Folsom, California-based Brecek & Young Advisors, Inc. from...
September 01, 2008
Merrill Trims CDOs and Staff, as It Boosts Global FAs to 16,690Merrill Lynch says it had a second-quarter net loss of $4.7 billion vs. earnings of $2.1 billion a year earlier. Second-quarter 2008 results include a...
September 01, 2008
UBS Settles in Massachusetts, Hit with New York LawsuitMassachusetts Attorney General Martha Coakley says UBS will pay $1 million related to the sales of auction rate securities to certain Massachusetts towns and cities....
August 22, 2008
Merrill Reaches $4 Bn ARS Deal with New York (Aug. 22, 2008)Merrill Lynch says it has reached a global resolution with the New York attorney general and state securities regulators to resolve issues related to sales of auction-rate securities. The firm also re
August 19, 2008
Economists warn of age inflationAs if the U.S. economy needed any more inflation, a pair of economists have identified another type that could prove just as damaging to long-run...
August 14, 2008
Morgan Stanley Agrees to ARS Buy-Back Deal, Fines (Aug. 14, 2008)New York Attorney General Andrew M. Cuomo has announced another series of agreements to provide liquidity to consumers who purchased auction rate securities. Under the latest agreements, Morgan Stanle
August 14, 2008
MetLife Describes RGA Stock SwapMetLife Inc. has filed documents explaining how it plans to exchange shares of Reinsurance Group of America Inc. common stock for shares of its own ...