Practice

WASHINGTON — House conferees finalizing the regulatory reform bill unexpectedly proposed Tuesday to add sweeping provisions that would greatly expand deposit insurance coverage, but it remained unclear if their Senate counterparts would accept the package.

The four wirehouses are starting to sweeten the pot to retain financial advisors.

Improvement in investor confidence is borne out in a survey that finds 36% of investors expect their advisers will be able to navigate them to profits in any market environment.

Robert L. Reynolds, the company’s president and chief executive officer, said he thinks there are a range of opportunities for Putnam to develop products for Boomers “as they age and the need for lifetime income solutions becomes more evident.”

While coping with the flash crash and regulatory reform, the SEC's "new sheriff in town" paused for an interview Monday evening with CNBC's Maria Bartiromo.

The Securities Industry and Financial Markets Association Monday said the creation of a system of monitoring overall risks to the nation's financial industry could take one of eight forms, each of which would be costly.

The Securities Industry and Financial Markets Association Monday said the creation of a system of monitoring overall risks to the nation's financial industry could take one of eight forms, each of which would be costly.

A lot of wealth management firms are unprofitable so-called lifestyle practices, according to a report by Fiduciary Network.

More than 3,000 unwitting Canadians were fleeced of their retirement investments by four Canadians and two Florida men. The SEC's Denver office brought them in.

Survey results show some producers are using social media, but say it’s not generating new business.