More fines for firms and individual brokers who sold the investment products that ended up dragging Securities America into the courts and eliminated other broker-dealers entirely.
Most people talking about the implications of a universal fiduciary standard have stuck to the short term. Financial Research Corp. recently went beyond the here and now to confirm a few suspicions.
Ahmass Fakahany wanted $70 million from Merrill Lynch for being replaced unceremoniously by John Thain as (then) co-president at the end of 2007. He got $1 million.
A federal judge has ruled that despite Securities America's claims that it doesn't have the cash to make good on its clients' losses in a bad private equity placement, the claims are valid and can proceed.
Regulatory compliance and advertising review services.
You'll be emailed a discount coupon for $30 off the CFP® Ethics Class after signing up for A4A's $60 quarterly membership, featuring Fritz Meyer, Bob Keebler, and Craig Israelsen.