Section 406 of ERISA and Section 4975 of the Code prohibit plans, as well as individual retirement accounts and Keogh plans subject to Section 4975 of the Internal Revenue Code (also "plans") from engaging in certain transactions involving "plan assets" with persons who are "parties in ...
333-109802 $2,000,000 Merrill Lynch & Co., Inc. Principal Protected Averaging Notes Linked to the S&P 500 ® Index due July 15, 2011 (the "Notes") $1,000 original public offering price per unit The Notes: Senior unsecured debt securities of Merrill Lynch & Co., Inc. 100% principal...
Presents information on the profit posted by Merrill Lynch in the U.S. for the third quarter of 2002.CraigSusanneEBSCO_bspWall Street Journal Eastern Edition
The fiduciary standard does allow brokerage firms providing retirement advice to continue to charge commissions and accept other common forms of compensation, such as revenue-sharing payments from mutual fund companies, tied to investment products.But...
The examples of third-party compensation include: Rule 12b-1 and other distribution and servicing fees; revenue sharing payments; exchange-traded fund index licensing fees; event payments; gifts, gratuities, and other non-monetary compensation; payment for order flow; securities lending fees; ...
In addition, for Retirement Accounts, we provide Program Services as a "fiduciary" under Section 3(21) of The Employee Retirement Income Security Act of 1974 ("ERISA") and under the Internal Revenue Code of 1986 (the "Code"). For discretionary managed accounts, we provide the relevant ...
Alcoa Inc. states that its profitability compared with the first quarter 2008 increased 80% due to higher costs impacting the aluminum industry. Cleveland-Cliffs (CLF) Inc. rises its share after it raises its outlook for iron ore revenue. Charming Shoppes Inc. (CHRS) announces the resignation ...
Merrill Lynch Profit Up on Trading RevenueMICHAEL J. MARTINEZ, AP Business Writer
333-109802 $1,254,000 Merrill Lynch & Co., Inc. Profit Lock-In SUMmation SecuritiesSM Linked to the Performance of the Nasdaq-100 ® Index due July 30, 2007 "SUMSSM" $1,000 principal amount per unit The SUMS: • Senior unsecured debt securities of Merrill Lynch & Co., Inc. •...
Reports on the earnings of investment company Merrill Lynch & Co. for the fourth quarter of 1999. Overview of the recorded net income of Merrill Lynch; Stock trading value of Merrill Lynch; Criticisms against Merrill Lynch.GasparinoCharles