Practice

The Securities and Exchange Commission is looking into whether municipal bond funds may have overstated the value of their high-yield holdings, The Wall Street Journal reports.

Lincoln Financial Group says it took swift action to safeguard private consumer information and beef up its security policies, after it discovered vulnerabilities in a Web-based system that stored consumer account records for two of its business units.

The regulator said the companies had failed to adequately safeguard non-public customer information.

James Shorris is set to return to the private sector in April after more than seven years in enforcement leadership roles at the organization.

Whose needs come first?

“What worked 5 years ago, doesn’t work today,” Peter Montoya told a packed room at Thursday’s T3 conference in Florida.

Marie Swift, the president and CEO of Impact Communications, presented to a room of advisors at the T3 Conference in Florida on how they can maximize their online presence by effectively using social media.

When it comes to web marketing, independent advisors are different from everyone else. Which means there is a good chance you have been getting bad advice. Bad advice about using the web to grow your practice.

Baird has added one advisor to its Charlotte, N.C., office, and three to its Charleston, S.C., office. All four come from Morgan Stanley Smith Barney.

FSC Securities Corp., based in Atlanta has already picked up more than 50 of QA3's old reps.