Dan Jamieson
Dan was Senior Editor at InvestmentNews from 2005 to 2013, before moving on to become Editor at large for Financial Advisor magazine. Check out his video bio here. Connect with him at LinkedIn here.
A win for Wall Street in the fiduciary battle
Chalk it up as a win for the securities and insurance industries. The financial-reform package introduced last…
Judge tosses suit alleging Finra misled members
Two plaintiffs claimed that brokerages were misled about NASD's merger with the NYSE's regulatory unit. Apparently, Judge Jed Rakoff wasn't moved by their arguments.
Watchdog slams Finra’s ‘abysmal’ record
A good-government group is asking Congress to rethink the concept of self-regulation.
Finra faces rough road as it seeks Errico’s successor
The Financial Industry Regulatory Authority Inc. has a tough task ahead of it in searching for the right person to replace Robert Errico in running its member regulation division.
Finra examinations boss Robert Errico to step down
Head of member regulation will be leaving the financial industry watchdog at the end of March.
Wirehouses have hard time building up broker head count
The big wirehouses face major challenges that could thwart their announced plans to recruit brokers aggressively and hire more trainees, recruiters and analysts say.
B-Ds fret over proposed placement agent rules
A bill introduced last week in the California Legislature would require money manager placement agents to register as lobbyists and regulate their compensation.
$14M haul for Wells’ brokerage and wealth head David Carroll
The senior executive vice president in charge of Wells Fargo & Co.'s Wealth Management, Brokerage and Retirement Services Division made the bulk of his pay from an option award and a retention bonus.
Expected about-face on placement agents invites criticism
The Securities and Exchange Commission's expected move to regulate placement agents as broker-dealers instead of prohibiting investment advisers from using them won't curb influence-peddling, some critics say.
Forgoing famous funds for hidden gems
Trying to capture some of the more than $3 trillion in cash sitting in client accounts, advisers are looking outside the style box to identify those undiscovered funds that have the potential to be tomorrow's gems.
