Practice

After leading the regulator's division of investment management for four years, Andrew J. Donohue announced he will leave in

High-frequency traders are “market jackals” and not market makers, in increasingly electronic markets, JonesTrading Institutional Services said in a White Paper released Tuesday.

Most prefer self-directed investing rather than "expensive" advisors, according to Spectrem Group.

The Tuition Plan Consortium said Monday it re-launched Independent 529 Plan as Private College 529 Plan, to foster pre-purchasing of tuition fees as present rates. The consortium said its Private College 529 Plan will offer investors a way to lock in tuition rates at more than 275 private colleges and universities.

The Financial Industry Regulatory Authority has fined three firms $242,500 for municipal rules violations. They include $150,000 against Raymond James Financial Services for supervisory failures related to so-called 529 college savings plans it sold to clients.

The Financial Industry Regulatory Authority is being told by some compliance and financial reporting experts that its proposed requirement for broker-dealers to cough up more detailed and frequent financial reports could be too cumbersome and costly to follow.

Forty-two percent of 111,731 CFA candidates that took the exam passed in June.

The Tuition Plan Consortium said Monday it re-launched Independent 529 Plan as Private College 529 Plan, to foster pre-purchasing of tuition fees as present rates.

Independent member firms of FINRA have landed seats on the regulator’s board.

The U.S. economy has been so sickly for so long now it's hard to remember just a few years ago, people in this country were blissfully, ignorantly riding the wave of a housing bubble into what they figured would be a long and fruitful retirement.