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The Financial Industry Regulatory Authority has fined Kane, McKenna Capital Inc. and Wulff, Hansen & Co. a total of $27,500 for municipal transaction disclosure and trade rule violations.

Mounting pressure to cut costs has big banks weighing whether to take a scalpel to marketing and advertising expenses like they did during the crisis of 2009.

The FDIC on Monday announced it hired Bret Edwards as the director of its division of resolutions and receiverships. Edwards has been acting director since January.

The new searchable system adds another layer of transparency into the brokerage and financial advisory industry, on a firm and individual level.

Nine Tips to help you build relationships using new media and good old fashioned communicationma

Shawn Liebel and Kevin Forney join Morgan Stanley from UBS, while Robert Coloret and Mark Delmar join from Ameriprise.

Although when investors are surveyed almost all say they are satisfied with their advisors, the reality is that loyalty to an advisor is different than satisfaction, said Matt Oechsli of The Oechsli Institute at the IMCA annual conference in Las Vegas on Monday.

Northern Trust said it plans to acquire technology-driven hedge fund administration firm Omnium from Citadel, the large Chicago asset manager and market-making firm.

The federal budget deficit is estimated to skyrocket to $1.6 trillion this year, but Andrew H. Friedman of The Washington Update told a standing-room only crowd at IMCA’s annual conference in Las Vegas that there are still opportunities for investors.