Practice

On August 6, 2012, Chairman Mary Schapiro said she is asking SEC staff to propose a rule that will require exchanges and market centers to ensure the capacity and integrity of the systems they operate.

Fighting over estates is never pretty. These court battles are emotional, draining, and sometimes downright nasty for everyone involved. When they happen to the estate of a beloved American icon, it's even more tragic.

The investors who bailed out Knight Capital Group Inc. by purchasing $400 million in convertible securities are gaining control of the biggest trading partner for individuals in the world’s largest stock market.

Financial Advisor Phoenix Advisors LLC is hiring three financial advisors from Capital Financial Advisors.

On August 6, 2012, Since the Reserve Primary Fund broke the buck in September 2008, the nation's money market mutual funds have seen a long, steady erosion of their use by corporations and financial institutions.

Looking for a different culture, Paul Keats, who had over two decades at Morgan Stanley Smith Barney, and John Keats struck out for a smaller, regional firm.

On August 3, 2012, An arbitration panel has struck down an investor’s $1 million-plus claim against Morgan Keegan’s troubled bond funds, citing the standard industry warning “Past performance is not guarantee of future results.”

What is up with ASPire?

Attention, asset managers: The Registered Investment Advisor channel is one place where you can differentiate your offering in a crowded marketplace, according to Cerulli Associates.

There's no question that breaking the buck value of a share, permanently, would upend if not destroy the foundation of the money market mutual fund industry.