by
Jim McConville
Most financial advisors are "window shoppers" rather than active users regarding social media, but that might be changing.
by
Dorothy Hinchcliff
Russell Investments eliminated speculation late Friday on what it would
do with its exchange-traded funds when it announced it would close 25
U.S. ETFs.
Municipal securities remain cheap relative to U.S. Treasury debt even
with investors directing the most cash since 2009 to tax-exempt bonds in
the $3.7 trillion market.
by
Dorothy Hinchcliff
Direxion Shares is closing a total of nine leveraged and inverse ETFs September 5 because they haven't attracted enough assets, the
company has announced.
by
Karen DeMasters
A new Society of Actuaries report shows fewer people expecting to retire.
New Jersey's unemployment rate jumped to a 35-year high of 9.8 percent in July, the state Labor Department said.
Actor John Cusack jumps into debate as local governments from New York to California consider plans to
seize mortgages and protect their housing markets from homeowner
abandonment.
Sales of junk bond in the U.S...
by
Jim McConville
The SEC has charged a former University of Georgia football coach and ESPN analyst with running an $80 million Ponzi scheme using assets from other coaches and former players.
Congress is already considering new legislation that would grant the
Securities and Exchange Commission its latest wish list of much higher
financial penalties.
Canada's biggest gold miners are replacing their senior executives at
the fastest rate in at least a decade as shareholders demand greater
returns.
Bridgewater Associates, the world's biggest hedge fund, intends to build
a $750 million headquarters financed partly with state aid in Stamford,
Connecticut.
Swiss banks are turning over thousands of employee names to U.S.
authorities as they seek leniency for their alleged role in helping
American clients evade taxes.
Moore Capital Management LLC, the hedge fund that had boosted its
JPMorgan Chase & Co...
California's largest offering of short-term notes in two years attracted $3.24 billion in orders from individual investors.
Americans this month were the most pessimistic on the economic outlook
since late last year as fuel prices rose and unemployment remained
elevated.
by
Jim McConville
The demand for variable annuity products is expected to remain strong,
and advisors' interest in these vehicles shows no sign of waning despite
recent volatility in the VA market, according to a...
by
Karen DeMasters
Financial exploitation of seniors is reaching epidemic proportions and
seniors do not have the necessary information to fight back, according
to a new survey on fraud perpetrated on the elderly.
by
Jim McConville
The SEC today charged a Denver-based
company and two Colorado residents with conducting a $15.7 million Ponzi
scheme that involved 120 investors nationwide.
