When the SEC declared that equity index annuities are securities last year, it ignored the McCarran-Ferguson Act.
President Obama’s mortgage plan aims to keep up to 9 million families from losing their homes to foreclosure.
A member of a blue-ribbon panel appointed by California Gov. Arnold Schwarzenegger to make recommendations on improving the state’s tax code said the panel’s members are philosophically opposed to taxing professional fees or any other “non-tangible” services but warned that dire economic conditions may make such opposition moot.
Find out what advisers think about leveraged ETFs and ETF providers, plus more, in this latest <i>InvestmentNews</i> ETF Survey. And get some insight into what the future holds for ETFs at The Vanguard Group.
The SEC today charged that Allen Stanford and his financial companies also falsely promoted the Stanford Allocation Strategy fund mutual fund wrap program.
President Obama today signed into law the $787 billion stimulus bill.
Smith Barney has lost 15 advisers in the Baltimore area to Robert W. Baird & Co. Inc.
Americans’ confidence in their own financial security continues to drop, according to an index that showed a steady decline in people’s views over the past six months.
American Funds Investment Co. filed last week with the Securities and Exchange Commission to create a new money market mutual fund.
Poor performance by hedge funds has driven some brokerage firms to reduce services to the funds, including financing, the Wall Street Journal reported today.
