Bank of New York Mellon and Wells Fargo have both sued Securities America -- along with other B-Ds -- over the sales of MedCap private placements. In an internal e-mail obtained by <i>InvestmentNews</i>, here's what SA boss Jim Nagengast said about the litigation.
Corporate mandate to slow accelerating sales seen as prudent, but advisers express concerns
What do Ben S. Bernanke and his fellow Federal Reserve monetary policymakers not see?
Following a long run-up, commodities last week suffered their largest declines in almost two years, paring this year's gains to about 10%
Legendary stock-picker Jeremy Grantham didn't get famous for being wrong very often. So when he says two unrelated events could break the commodities market 'en masse,' it's worth taking note.
Financial services firms — many with operations in Japan — are opening their corporate pockets in response to the country's disasters.
Broker-dealers, get ready. Your back-office operations are now officially on Finra's front burner
Despite a devestating earthquake, blackouts, powerful aftershocks and growing concerns about radiation poisoning, U.S. financial firms in Japan say it's 'business as usual.'
An 8.9 magnitude earthquake struck off the east coast of Japan about a half an hour before the local stock markets closed. The massive quake sent oil prices falling and European shares tumbling.
City-state has highest percentage of millionaire households; China now No.3 in total number of millionaire households
Numerous commentaries in the media would have the investment world believe that gold is a bad investment
The time has come for Congress to cut the purse strings that have long impeded the SEC's ability to do its job
GASM boss says 'every little problem that crops up' not a market killer; thinks China stock rally may boost other bourses; 'every little problem that crops up' not a market killer
BrightScope Inc. has launched a free online service that will allow investors to look up financial advisers
Faced with escalating tuition costs and lackluster investment returns, some states are considering plans to cut back on the benefits offered through their prepaid college savings plans
Aiming to take advantage of lower fees and other investor-friendly trends in the college savings plan market, the Golden State puts its plans out for bid.
Payment to the Bayou State marks third such settlement for the insurer in less than two months
Virginia-based firm looking to add more wirehouse advisers; founder touts adviser transition program
Finra censures Amerprise after the firm purportedly discovered a broker who was allegedly forging client signatures -- but failed to boot him out of the company for over two years.
