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As Morgan Stanley Smith Barney reportedly faces changes ahead for its brokerage unit, including slashing support staff jobs, combining offices and raising production requirements, all eyes turn to how any decisions may affect its advisor force.
August 10 -
FINRA levied almost $40 million in fines in the first half of the year and will likely doll out as much or more through the end of the year.
August 10 -
On August 10, 2012, Janus Capital Group has entered into a strategic alliance with the The Dai-ichi Life Insurance Company, in which Japans third largest life insurer will acquire up to 20% of Januss outstanding shares and invest at least $2 billion in Janus investment products
August 10 -
In August 10, 2012, The global exchange-traded product market attracted total inflows of $22.6 billion of inflows in July, according to the ETP Landscape report released by BlackRock.
August 10 -
Carlyle Group LP agreed to buy TCW Group Inc. from Societe Generale SA in a deal that will give TCW's management and employees a 40% stake.
August 10 -
The Municipal Securities Rulemaking Board released a proposal Thursday aimed at increasing protection for retail investors who trade municipal bonds online.
August 10 -
Moody's Investors Service downgraded 290 municipal issuers from April 1 through June 30, the most for any quarter since 2000, led by cities and school districts still recovering from the longest recession since the 1930s.
August 10 -
The Dow Jones Industrial Average trimmed off 10.45 points Thursday to finish at 13,165.19 while the Nasdaq and S&P 500 added 7.39 points and 0.58 points, respectively.
August 9 -
A new white paper from Forward Management LLC, San Francisco, concludes that diversifying portfolios with managed futures may enable investors to earn better risk-adjusted returns.
August 9 -
The independent brokerage arm of Wells Fargo & Company, now has nearly 550 practices across the country.
August 9
