Growing dissatisfaction among conservatives and independents with President Barack Obama before this year's midterm elections is good news for stock investors if history is any guide.
Whether they admit to it or not, lots of fellow independent broker-dealers and probably thousands of registered reps are going to monitor how a new social media pilot progresses at Cambridge Investment Research Inc.
Berkshire Hathaway Inc., the company run by billionaire Warren Buffett, may have to set aside $8 billion in collateral for derivatives under proposed changes to U.S. financial regulations, a Barclays Capital analyst said.
A U.S. District Court judge has denied a bid for class action status by 17 black financial advisers in their five-year-old discrimination suit against the Merrill Lynch unit of Bank of America Corp.
Financial planners seeking formal certification will soon be tested not just on what they know — but on ethical questions and their ability to potentially communicate with clients.
In a commentary about a month ago, I described how the economic world seemed to be drifting into two opposing camps: the Washington-based "Stimulators," who insist that more government debt is the best means to end the financial crisis, and the Berlin- and London-based "Austerians," who argue that debt is the crisis itself.
Mutual fund companies may be largely unaffected by the financial services reform legislation, but they are girding for other types of regulation.
The oldest baby boomers, many of whom are expecting to retire soon, will likely not have enough money to carry them through their twilight years.
Morgan Stanley, owner of the world's largest brokerage, lost an arbitration ruling that will allow two brokers convicted of securities fraud to each keep $4.45 million in signing bonuses.
Fear of market gyrations taking hold among affluent young investors; is the 'conservatism' embedded?
