Practice

FINRA has fined UBS Financial Services $2.5 million and ordered to pay $8.25 million in restitution for conduct related to the sale of Lehman Brothers Holdings principal protection notes.

The Securities and Exchange Commission on May 10 plans to hold a roundtable discussion on how to guard against systemic risk involving money market funds, the investment industry's $2.8 trillion alternative to checking accounts.

Six days after the Securities and Exchange Commission holds its roundtable discussion regarding money market funds and systemic risk, the Investment Company Institute (ICI) will host its own one-day money market fund summit.

Every communication is an opportunity to reinforce your positioning, market your firm and your build your brand. Yes, you really are marketing, whether you think so or not. Might as well do it right.

A need for higher-level support than interns could provide and a desire to help bright young people develop into full- fledged financial planners were the motivations behind a unique training program at Cornerstone Wealth Advisors, Inc. in Edina, Minn.

Robert Kerzner, president and CEO of LIMRA, LOMA and LL Global opened the 2011 Retirement Industry Conference with a plea to insurance professionals to familiarize themselves with the tools and sales and marketing techniques required to attract younger investors to their firms and products.

Taking advantage of opportunities will enable life insurers to play catch-up to the success mutual fund companies are enjoying, says LIMRA/LOMA CEO.

Six days after the Securities and Exchange Commission holds a roundtable discussion regarding money market funds and systemic risk, the Investment Company Institute (ICI) will host its own one-day money market fund summit.

Bankers are divided over a Federal Deposit Insurance Corp. plan to train bank employees on insurance limits and require tellers to question depositors about their accounts.

Six days after the Securities and Exchange Commission holds a roundtable discussion regarding money market funds and systemic risk, the Investment Company Institute (ICI) will host its own one-day money market fund summit.