Money may not buy votes, but it sure can talk. Nothing demonstrates this more clearly than the money business.
From brokers to banks, from insurers to investors, financial services donated $86.1 million to politicians in the last federal election, making them by far the leader in campaign contribut
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Incoming NAPFA chairman William Baldwin is looking to find ways to keep firms involved in the 2,150-member organization once they get larger.
Don't blame state regulators for the financial crisis; blame those who took power away from state regulators.
Participants in 401(k) plans do not want the government to require them to convert a portion of their 401(k) assets to annuities, according to the results of a survey of about 3,000 households released today by the Investment Company Institute.
Encouraging employers to offer annuities in pension plans will be one of the Labor Department's top regulatory goals in 2010.
The Securities and Exchange Commission will reassess the 12(b)-1 fees collected by brokers as compensation for selling and servicing mutual funds, SEC Chairman Mary Schapiro said today.
