Drawn by tales of fast money in the land of iron condors, retail traders are swarming the futures market. But do they know what they're doing?
Rational markets? Hardly. In reality, humans tend to have a narrow focus -- often missing the obvious
JPMorgan Chase CEO Jamie Dimon named longtime associate Heidi Miller to the new post of president of J.P. Morgan International as part of a management shuffle to groom an eventual successor.
Credit-default swaps broker Phoenix Partners Group and brokers who worked at four other firms including Tullett Liberty Inc. and Creditex Group Inc. will pay $4.3 million to settle claims that they attempted to fix fees.
The uncertain economy is compounding a long-term problem in the brokerage business: its shrinkage.
Many representatives and agents say the new requirements add to the already complex layers of review required by Finra.
The government said Friday it obtained a court order to halt an alleged $34 million Ponzi scheme targeting federal employees and law enforcement agents nationwide with promises of safe investments in a nonexistent bond fund.
Famed hedge fund manager claims country's budget austerity could trigger deflationary spiral in Europe
Frank DiPascali Jr., who pleaded guilty to helping Bernard L. Madoff carry out history's biggest Ponzi scheme, was released on bail.
Federal regulators on Monday filed civil fraud charges against an investment adviser and his firm in connection with complex securities tied to mortgages during the housing market bust.
