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The Financial Services Authority has for the first time ever barred a compliance officer from working in the financial services industry.

Plus, moves that mattered the week ending Nov. 23, 2011, at Raymond James, Omgeo and elsewhere.

Retirement plan advisers’ top five concerns include new disclosure rules, market volatility, finding greater flexibility and customization in plans, measuring a given plan’s success and an expected redefinition of fiduciary status. Those are the results from a national listening tour conducted by Transamerica Retirement Services.

Floyd Gilbert Bickel joins Wells Fargo’s Frontenac, Mo., office.

Investors' continuing obsession with purchasing Treasury bonds is a sign of 'irrational exuberance,' says the chairman of investment manager T. Rowe Price when 10-year yields are under 2.0%.

Almost seven in 10 U.S. households that own traditional IRAs have developed strategies for managing income and assets in retirement, according to a study released last week by the Investment Company Institute.

Investors’ continuing obsession with purchasing Treasury bonds is a sign of ‘irrational exuberance,’ says the chairman of investment manager T. Rowe Price when 10-year yields are under 2.0%.

Retirement plan advisors’ top five concerns include new disclosure rules, market volatility, finding greater flexibility and customization in plans, measuring a given plan’s success and an expected redefinition of fiduciary status.

Most advisors don’t have a disaster recovery plan. We all like to think it won’t happen to us when we think of the big ones -- tornado or hurricane -- but all firms and advisors need to be prepared for anything that can cause an interruption to our business and serving our clients. Here's what you need to know to get started.

It seems more and more common lately that when you turn on the T.V. or open your Internet browser there is breaking news of some sort of disaster. From direct financial disasters such as market volatilities to weather related disasters like floods, tornados and fires, to even more large-scale disasters like earthquakes, tsunamis and nuclear crisis; disasters are unavoidable. But how prepared are you to deal with a major disaster, or other unexpected events that can trigger change? Here are 10 steps that should help you and your firm build a disaster recovery plan so you can be prepared should the unimaginable arise:

The asset management industry's exceptional agility following the financial crisis, most particularly its ability to improve profitability, is masking long-term challenges to growth, according to McKinsey & Co.

Muni market participants say the rule in its current form could affect about half of municipal securities and reduce liquidity in the muni bond market. The Volcker Rule was part of the Dodd-Frank Wall Street Reform and Consumer Protection Act that became law in 2010.

The Tokyo Stock Exchange Group and the Osaka Securities Exchange said they plan to merge. The two exchange operators said their combination will “establish an unchallenged position” in domestic stocks and derivatives trading, as well as “enhance global competitiveness” of their platforms.

The SEC charged a longtime Bernie Madoff employee with fraud for his role in creating fake trades to facilitate the massive Ponzi scheme.

Bank of America has hired almost 300 new Merrill Edge financial solutions in Texas and Florida, bringing the firm to its target of reaching more than 1,000 financial solutions advisors total by the end of this year.

The SEC has ordered broker-dealer FTN Financial Securities to pay nearly $2 million for allowing a registered investment advisor, Sentinel Management, to defraud its clients through a reverse repurchase transaction.

The Investment Company Institute on Monday sent a letter signed by 32 leaders of the fund industry, to the co-chairs of the Super Committee, or the Joint Select Committee on Deficit Reduction.

Marketing expert Marie Swift says the end of the year is a perfect time to review everything in an advisor’s marketing toolkit. This week, she talks about the importance and value of the power bio and the core issues article.

Regional financial services firm Janney Montgomery Scott has expanded its private client group leadership with the hiring of Morgan Keegan executive Jim Dornan and promotion of regional manager Ray DiGaetano.

Eight in 10 advisors who sell annuities report that they are having more client discussions about retirement income planning than they did five years ago. And those discussions are becoming more emotional, according to a new report, “The Evolution of the Annuity Industry," released by the Insured Retirement Institute and Cogent Research.