Practice

Sometimes regulatory changes that are meant to benefit investors end up taxing industry professionals, though this does not appear to be the case for the Securities and Exchange Commission's new format for investment company brochures.

A new survey from Country Financial found that the number of Americans who think college is a good financial investment plunged to 64%, down 16 points from last year and 17 points from 2008.

Is perception reality? A balance sheet or a SEC filing snapshot says it is.

Crooks are using social media sites to promote illegitimate high yield investment programs (Hyips), the U.S. Financial Industry Regulatory (FINRA) warned last week.

Genworth Financial Wealth Management hired Matthew Matrisian as its new vice president and director of practice management to help build out succession planning tools, resources and services that can be delivered both online and at offline events.

Following the massive Ponzi scheme perpetrated by Bernard Madoff, almost 70% of respondents to an SEI poll say their clients want enhanced financial reporting capabilities from their wealth managers.

Many advisors base their product choices on the quality of information asset managers provide online.

U.S Trust hired nine senior wealth management experts to their California, Arizona and Washington operations as part of their wealth management expansion efforts.

WASHINGTON-The mutual fund and brokerage industries are revisiting their sales loads structure following the Securities and Exchange Commission's unanimous decision last Wednesday to revamp the 12b-1 sales and distribution fees that have become so prevalent in the industry and to provide better disclosures of these charges to investors.

The Financial Industry Regulatory Authority announced Wednesday it fined Deutsche Bank Securities Inc. $7.5 million for negligently misrepresenting delinquency data in connection with the issuance of subprime securities.