Separate efforts to sell the businesses and personal property of disgraced financier Bernard Madoff have been combined to speed the process and get more of the proceeds to those he cheated.
Staying connected with your clients is so important and events are one easy way to do this. If planned correctly, they can become a main source for referrals to top clients’ family and friends.
The difference in regulatory oversight for broker-dealers and investment advisers leaves consumers open to risks, Richard Ketchum, chief executive of the Financial Industry Regulatory Authority Inc., said today.
PlanPlus has added Spanish-, Chinese- and French-language versions of its software, which before had been available only in English.
Bermuda-based reinsurer RenaissanceRe Holdings Inc. said today that it will buy Spectrum Partners Ltd. to help it operate better in London and meet increased demand.
The IRS is working on new rules that could require paid tax preparers to be licensed to improve tax compliance and reduce fraud, IRS Commissioner Doug Shulman announced today.
Rydex Financial Services, the brokerage arm of Rydex Investments of Rockville, Md., is being sold to Boston-based CEROS Financial Services Inc., a unit of CEROS Holding AG of Luzern, Switzerland.
Federal Reserve Chairman Ben Bernanke is urging Congress and the Obama administration to start plotting a strategy to curb record-high U.S. budget deficits. Failing to do so could eventually erode investor confidence and endanger the economy's prospects for long-term health, he said.
The U.S. service sector shrank last month at the slowest pace since late last year and orders to U.S. factory orders rose in April, but the improvements were incremental and economists say a real recovery will be long and slow.
Orders to U.S. factories rose 0.7 percent in April, the second increase in three months and further evidence that manufacturers may be recovering.
