Practice

Morgan Keegan got hit Wednesday with enforcement actions from both FINRA and the Securities and Exchange Commission over several bond funds that have cost the firm millions of dollars in investor arbitration complaints.

SEC and FINRA actions mark the latest chapter in Morgan Keegan’s ill-fated bond funds saga.

Brown Brothers Harriman & Co. announced Wednesday it promoted Brett D. Sovine to president and chief executive officer of its trust company.

Ever since the recession began, everyone from media outlets to industry gurus have deemed 401(k)s a failure. One recent study is directly disputing that argument.

The Securities and Exchange Commission has named Kathleen Griffin as the agency's first chief compliance officer in an ongoing effort to strengthen its internal compliance program.

An obscure provision in the regulatory reform bill adopted by the House has become a flash point in the fight over whether the legislation should spell out rules for regulators or give them wide flexibility.

The Securities and Exchange Commission has named Kathleen Griffin as the agency's first chief compliance officer in an ongoing effort to strengthen its internal compliance program.

Chances are that some kind of estate tax will be enacted retroactively for this year, but just in case it isn’t, there’s something advisors may be overlooking.

Victory Capital Management, the asset management arm of KeyCorp's KeyBank, says it is positioned to quickly expand the assets it manages in collective investment trusts.

According to a survey, only three out of 10 retirees saved for health care during their working years.