Morgan Keegan & Co. is going to trial before a judge whose decision to throw out regulators' claims the retail brokerage misled thousands of investors about the risks of auction-rate securities was reversed on appeal.
C-III Asset Management LLC Appoints Barry Davis as President
Plus, Harbor tees up a new fund, and more.
Among recent FINRA enforcement actions were the censure, fine and order to pay restitution of a firm that charged its customers bogus markups.
Schwab also cuts fund fees; two prominent managers get set to launch a fund.
Fun facts on fund launches, returns, manager ownership, and more.
Plus, news on Vanguard going neutral, various fund mergers, and more.