The securities industry misinterpreted rules it assumed allowed as many
as nine months to start moving swaps into clearinghouses that are meant
to limit risks to the financial system.
A
quarter century after the worst one-day stock crash in history, measures
to prevent a repeat are failing to keep investors from losing
confidence in the market.
by
Jim McConville
Two men and a woman were charged by the Securities and Exchange
Commission today for defrauding at least 70 investors out of nearly $6
million and using the money to fund a lavish lifestyle,...
by
Karen DeMasters
Fourteen ETF providers have created a website to educate investors and financial advisors about the intricacies of investing in ETF's.
by
Jim McConville
Finra described the firm's actions as a brazen disregard of responsibility to follow securities rules and laws.
by
Karen DeMasters
Many debt settlement companies are fleecing the
public and leaving consumers worse off than when they applied to the
debt companies for help, says a group of bankruptcy attorneys.
by
Jim McConville
A team of six former Prudential financial advisors is launching Capstone
Affluent Strategies, a new independent wealth management firm that will
be affiliated with the broker-dealer and RIA...
Labeling China a currency manipulator, as Republican Mitt Romney has
pledged to do if elected president, "may have a disruptive impact" on
global markets, according to Pacific Investment...
Yorkville Advisors LLC and two of its top officials were sued by the
U.S...
Climate change contributed to a fivefold increase in weather-related
natural disasters in North America over the past three decades,
according to Munich Re, the world's biggest reinsurer.
BlackRock Inc., the world's biggest money manager, reported
third-quarter earnings that beat analysts' estimates as exchange-traded
funds drew client deposits and assets rose.
by
Karen DeMasters
Investors still are paralyzed by fear of losing money in a volatile
market and need the assistance of financial advisors to learn about new
investment possibilities, according to a new study by...
Bill Gross's Total Return ETF reached $3 billion in assets in about seven months as it outperformed the world's largest mutual fund, which follows a similar strategy.
A trust may prevent squabbles between a widower's children and his second wife.
by
Karen DeMasters
Financial advisors spend much of their time helping clients accumulate
money...
by
Jim McConville
Natixis Global Asset Management has reached an agreement to acquire
McDonnell Investment Management LLC, an Oak Brook, Illinois-based RIA with approximately $13...
A former Oppenheimer broker was charged in Manhattan yesterday with pocketing commissions from fake investors in a planned production based on the 1938 Daphne du Maurier novel...
State Street Corp., the third-largest custody bank, reported
third-quarter operating profit that beat analysts' estimates as it
earned higher fees for managing client money.
by
Karen DeMasters
The focus may be on the 2012 presidential election right now, but
Financial Planning Association President Paul Auslander wants financial
advisors to think about throwing their hats in the ring...
