...In response to the U.S. Court of Appeals ruling on that firms operating fee-based brokerage accounts must move these assets to either an advisory account or a traditional commission account, FundQuest has created a service specifically designed to assist with the conversion of those fee-based brokerage accounts. Ron Fiske of Pershing, which has $28 billion in such accounts for its broker/dealer customers, said the firm is "mobilizing to help you transition" those accounts.
...The American College launched a new Web site--TheAmericanCollege.edu--designed to serve students, alumni, consumers, and other constituents. The site features an improved keyword search capability; a resource section for consumers to find qualified financial advisors in their area; and podcasts and streaming audio that includes interviews with The American College's faculty.
...Wolters Kluwer Financial Services announced that its "Practical Guide to NASD Regulation" for broker/dealers is now available through its online store at onlinestore.cch.com.