FA News

Recession Generation Wary About Big Purchases

Many 20-to-34-year-olds are wary about buying homes, cars and other big-ticket items after entering adulthood in the deepest recession and weakest recovery since World War II.

S&P 500 Snaps Three-Day Rally On Fed Fisher's Stimulus Remarks

The S&P 500 Index snapped a three-day advance amid disappointing corporate results and after Federal Reserve Bank of Dallas President Richard Fisher said adequate economic stimulus is in place.

Multiple Employer Retirement Plans Restricted By DOL Ruling

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A recent Department of Labor ruling on multiple employer retirement plans prohibits RIAs from creating and administering plans for a group of unrelated employers.

Michigan Broker Charged With Misappropriating $300,000 From Two Clients

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The SEC is seeking sanctions against a former Michigan broker who allegedly misappropriated an estimated $300,000 from two brokerage customers that he then used to pay his own personal...

Seniors Fear Lack of Community Resources

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More than one quarter of those 65 to 69 years of age fear their community will not have the resources to help them remain independent for the next five to 10 years, according to a newly...

Scottrade's FocusShares Liquidating 15 ETFs

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Scottrade's FocusShares, a family of 15 low-cost exchange-traded funds, will be liquidated later this month, less than 18 months after they were launched.

AdvisorShares Launches The QAM Equity Hedge ETF

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AdvisorShares, a sponsor of actively managed exchange-traded funds, has rolled out the QAM Equity Hedge ETF.

Fidelity Realizes Dramatic Increase In Retirement Plans

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Fidelity Investments added 522,000 defined contribution plan participants and $25...

Identity Thieves May Claim $21 Billion In Fake Refunds, Study Says

Identity thieves may claim $21 billion in fraudulent tax refunds over the next five years, according to an inspector general report...

Schwab Expands Practice Management Consulting Program For RIAs

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Schwab Advisor Services is expanding a practice management consulting program for client RIAs that is aimed at helping them grow and manage their businesses.

MetLife Fined By Fed For Mortgage Lapses Ahead Of Banking Exit

MetLife Inc., the insurer seeking an exit from banking to limit U.S. regulation, was penalized $3...

SEC Enters Final Judgments Against Massachusetts Company Executives

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The SEC has announced final judgments involving executives charged with illegally raising at least $110 million from hundreds of investors in 25 states and the District of Columbia through the...

MISTs Topping BRICs As Smaller Markets Outperform

The so-called MIST nations -- Mexico, Indonesia, South Korea and Turkey -- are the four biggest markets in the Goldman Sachs N-11 Equity Fund.

Investors Pour Into Junk Bonds As Defaults Slow

U.S. speculative-grade companies are in the best position ever to meet their debt obligations as investors pour a record $43 billion into high-yield mutual funds.

iRebal Receives Makeover

by Joel Bruckenstein

ThinkTech Inc., a TD Ameritrade affiliate, recently announced a number of major enhancements to iRebal, its highly-regarded intelligent rebalance and trade order management system.

Commonwealth Financial Network Launches New Website

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Commonwealth Financial Network has launched a newly revamped website it says presents a more comprehensive company brand image.

Pimco Stock Expansion Stumbles as Gross Says Equities Cult Dead

Pimco's Bill Gross compares long-term returns from equities to a "Ponzi scheme" and said returns of 6.6 percent above inflation, known as the Siegel Constant, won't be seen again.

Investors Increasingly Getting Equity Fix Through ETFs, Not Individual Stocks

As one equity strategist put it, investors have a better chance to generate alpha by focusing on trading and picking equity indices (through ETFs) than through stockpicking.