Fidelity slashes fees on 529 plans
Fidelity Investments last week announced that it is cutting the management fees on its Section 529 plans.
Reebok founder claims longtime investment adviser and friend ran off with $25M
Reebok founder Paul Fireman is suing his longtime friend, investment adviser and accountant, claiming he stole $25 million from him and a charity.
And Time’s ‘Person of the Year’ is: Ben Bernanke
Federal Reserve Chairman Ben Bernanke has been named Time magazine's "Person of the Year" for 2009.
Tipped off by Madoff documentary, elderly investor uncovers New Zealand’s biggest fraud ever
Similarities between New York's Ponzi King and and an Auckland investment manager led an elderly client to contact officials. Guess what?
Feds charge Conn. man with running a Ponzi scheme for 12 years
Federal authorities today charged a Connecticut man with running a Ponzi scheme that allegedly bilked investors out of $20 million over nearly 12 years.
Panel orders Merrill to pay $500K for Mattia termination
A Financial Industry Regulatory Authority Inc. arbitration panel has ruled that Merrill Lynch & Co. Inc. wrongfully terminated Joseph Mattia when it fired the former branch manager of the bank's flagship office in Manhattan.
Fidelity slashes fees on 529 plans
Fidelity Investments on Tuesday announced that it is cutting its management fees on its Section 529 plans. The reduced rates will apply to Fidelity's seven state-sponsored 529 plans.
SEC: Con artists bilked seniors in biotech scam
The Securities and Exchange Commission last week charged two companies — including a financial planning firm — with conning senior citizens out of their retirement money with outlandish claims about investing in a shady biotech startup.
Denver duo bilked seniors in green scheme: SEC
The Securities and Exchange Commission today charged two companies – including a Colorado-based financial planning firm – with…