Banc of America Investment Services allegedly sullied brokers' reputations, damaged potential relationships with clients.
A couple should consider setting up a 529 college savings plan to minimize the effect of spiraling tuition costs.
Raymond James' two primary broker-dealers are being scrutinized over ARS sales.
Qualifying investors will have the option of getting their claims heard by a three-person panel of arbitrators.
The repurchase program will begin sometime before Sept. 30 and involve $4.5 billion of auction rate securities.
Many are cutting back on medical care to cope with rising costs and a worsening economy, according to NAIC.
The bank will separate its investment banking, global asset management and wealth management units.
Incomplete codes of ethics and codes of ethics that aren't followed were cited as two common problems found by Securities and Exchange Commission examiners at investment advisory firms.
The Hartford Financial Services Inc. today appointed Marc Lieberman president and chief executive of Hartford Life.
Berkshire Hathaway reported net earnings declined to $2.88 billion from $3.12 billion a year ago.
