SEC enforcement settlements are projected to reach a three-year high in 2008, according to a study issued today by Nera Economic Consulting.
Fannie Mae posted a large third-quarter loss, while the profit at GLG Partners LP fell.
David M. Greene, an alleged Ponzi scheme promoter, is being held in civil contempt for failing to provide documents and information to the SEC.
Analysts applauded the newly restructured bailout plan for American International Group Inc., citing benefits for the insurer.
Advisers, hungry for market information in this troubled environment, are turning to asset managers for help.
Insurance agents are blasting a controversial Securities and Exchange Commission proposal to classify equity index annuities as securities.
Choppy markets highlight the importance of owning dividend-paying investments that can smooth out volatility.
Carriers may be going through their own tumult, but that hasn't stopped clients from seeking life insurance coverage, according to agents and advisers.
Insurance companies and distributors face major changes for risk management and product development as variable annuities and their guarantees pressure insurers' risk-based capital, industry experts said.
Financial advisers are worried that if more employers eliminate 401(k) matches, it will cause already cash-strapped and worried clients to reduce or halt their contributions.
