Massachusetts regulators allege two Newton financial advisers and their company connected to a Framingham man's alleged Ponzi scheme have been operating as unregistered brokers.
Thomas Weisel Partners Group Inc., the San Francisco-based investment bank, faces a regulatory probe over the sale of $15.7 million in auction-rate securities as the market neared collapse.
Rising taxes and puny money fund rates are leading investors to revisit the public-debt sector
The Department of Labor and the Treasury Department have put out a request for information on the use of annuities in defined-contribution plans.
Adviser Mark Penske requires all of his employees to clean off their desks — including clearing all paperwork — before leaving the office each day.
Listening to Mohamed El-Erian describe the unfolding “stable disequilibrium” of the global economy can be mind-boggling and depressing at the same time.
More financial advisers are now using exchange-traded funds than ever, but these investments still have a long way to go before they'll occupy a significant chunk of clients' portfolios.
Connecticut Sen. Christopher Dodd, a five-term Democrat whose political stock began falling after the financial meltdown and his failed 2008 presidential bid, has decided not to seek re-election in November, Democratic officials told The Associated Press early Wednesday.
Brokers who provide investment advice would no longer be exempt from registering as investment advisers under draft legislation unveiled today by Senate Banking Committee Chairman Christopher Dodd, D-Conn.
Gary Black, former CEO of Janus Capital Group, launched a new money management firm, Black Capital Management, in New York.
