Well, you know, the mortgage securities business has been very profitable in recent years.
What I did not know, then or now, was how Mandell stayed employed in the securities business.
Its Japanese securities business plead guilty to one count of wire fraud tied to rigging Yen Libor.
FORBES: RBS Latest To Cough Up Libor Settlement, Will Pay $615 Million
The securities business currently provides the bulk of the firm's profits, while the brokerage and credit-card sides are lagging.
Since 1998, we have written many articles concerning the pervasiveness of personal trading abuses in the money management and securities business.
An interesting choice for a guy with a big ego and a long history at the top of the securities business.
With many banks moving further into the securities business, the answer depends partly on the uncertain direction of stock and bond markets.
It also encouraged commercial banks into the securities business, triggering the eventual abolition of the Glass-Steagall law that had kept the two apart.
ECONOMIST: The unintended consequences of past financial reforms
EU's attempts to create a pan-European market in the securities business.
Gandhi was the head of strategy for Morgan Stanley's institutional securities business from 2001 to 2003, when he was named co-head of its financial institutions practice.
We are out there on the ground and in the field every single day in offices all across the country overseeing virtually every aspect of the securities business.
FORBES: FINRA CEO Ketchum's Speech And The Shortcomings Of Self Regulation
Under SEC rules, firm are restricted from engaging in municipal securities business with an issuer for two years after any contribution has been made to the official.
FORBES: Ex-Goldman VP Worked On Campaign In Exchange For Muni Deals, SEC Says
It is beyond dispute that compliance with extensive federal regulations overseen, at firms like Peconic, by compliance officers is an integral part of the securities business.
FORBES: New York State's Top Court Tells Wall Street Compliance Pros To Be Afraid, Be Very Afraid
In conjunction with the story we will be hosting a conversation about whether or not FINRA is the right cop for the immense job of policing our investment securities business.
While fellow bubble poster child Henry Blodget was kicked out of the securities business after privately bad-mouthing stocks on which he had buy ratings, investigators never laid a glove on Meeker.
At the age of 21, Buffett started his career in the securities business in Omaha and decided that to reach his full potential, he had to overcome his fear of public speaking.
The story noted that despite numerous customer complaints, job terminations and a six-week suspension by the New York Stock Exchange in 1995 for unauthorized customer trading, Mandell was still in the securities business.
G. was backstopping the entire mortgage-backed securities business.
The former Merrill Lynch stock analyst, bounced from the securities business for hyping Internet stocks he privately said were dogs, reemerged in public as a reporter covering the Martha Stewart trial for online magazine Slate.
In the Citigroup lawsuit, for example, lawyers needed to show that bank executives acted with scienter, or guilty knowledge, when they loaded the bank up with soon-to-be-worthless derivatives that were a byproduct of their mortgage-backed securities business.
FORBES: Class-Action Firms Capitalize On Wretched Market For Law-School Grads
With modern bank holding companies engaged in both the securities business and the commercial banking business (at its core taking deposits and making loans), how are the regulators going to mesh these laws together in their regulatory activities?
Last month, rival Bear Stearns, one of the biggest Wall Street firms in the mortgage securities business, disclosed billions of losses in two hedge funds it managed, largely because of subprime mortgage securities that triggered margin calls and redemptions.
We now face the prospect that various rogue states, getting into the securities regulation business, will extract extortion payments from Merrill Lynch and all the other big brokerage firms.
The securities lending business is an essential source of revenue for asset managers like BlackRock and its competitors including State Street and Legg Mason, driven by a high demand in the global market.
FORBES: BlackRock's ETF Lending Cap Is Necessary But A Downer
With Halliburton, Boies might have himself a twofer: a chance to break into the securities litigation business as the industry leaders, Lerach and Milberg Weiss, wrestle with their legal woes, and a chance to go up against the company that made Cheney rich.
For the past four weeks lawyers for Bank of America and MBIA Inc. have been sparring in a crowded second-floor courtroom in downtown New York City over whether state insurance regulators should have let MBIA split itself in half in back 2009, separating its business of insuring mortgage-backed securities from its business of insuring municipal bonds.
The Financial Industry Regulatory Authority is the largest independent regulator for all securities firms doing business in the United States.
FORBES: All Phone Calls With Brokers In The UK Now Recorded; Coming Soon To Europe and America
She currently heads the Financial Industry Regulatory Authority, which describes itself as the largest nongovernmental regulator for all securities firms doing business with the U.S. public.
Nevertheless, lawyers not connected with either the Entwistle or Milberg firms say the issue of pricing and the mechanics of the securities-lending business are ripe for investigation.
As the frontline regulator of every securities firm doing business with the public in the United States, we at FINRA understand we are going to be subject to scrutiny and criticism by the public and media.
FORBES: Securities Firm Regulator FINRA Responds To Its Critics
应用推荐