Millions of investors are at risk of being defrauded because the SEC lacks the financial resources to do an adequate job of policing the advice business
Finra is continuing to shake up the way broker-dealers show the value of illiquid investments such as non-traded real estate investment trusts and private placements on clients' account statements.
The unfolding drama at Jon Corzine's bankrupt trading outfit could give a serious boost to those who back financial reform, including the establishment of an investment adviser SRO and a universal standard of care.
Removes generators, gasoline cans from OWS site; 'pretext to make the protest less sustainable'
Rich Lowrie serves as economic adviser to Herman Cain
Price of debt servicing will climb considerably after city council sides with Occupy Los Angeles
It appears that convicted hedge fund manager Raj Rajaratnam will be sent to a penal facility known as the 'crown jewel of the federal prison system.' Certainly, the roster of inmates at the prison reads like a Who's Who of financial criminals, including Bernie Madoff, Ponzi artist Samuel Israel, and Adelphia's John Rigas. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111013&Category=FREE&ArtNo=101309997&Ref=PH>Which investment bigs sympathize with Occupy Wall Street -- and which don't?</a>
In a little-noticed but surprising move, the Financial Industry Regulatory Authority Inc. last week withdrew a controversial proposal to revamp its supervisory rules that would have, among other things, required supervision of nonsecurities-related businesses.
Clients are crazy for annuities these days, but regulators have concerns. The top of the list? How carriers explain -- or fail to explain -- product features. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111011&Category=FREE&ArtNo=101109994&Ref=PH>Nine mistakes clients make with their insurance</a>
Traders are placing more bets than any time since 2009 that the CBOE's Volatility Index will fall, a sign they expect concern about Europe's credit crisis to recede and the Standard & Poor's 500 Index to rally.
The investment adviser's job has never been more difficult
Small-business hiring stalled in September as owners await signs of an improving economy, but the picture is brighter for independent investment advisers, a large RIA firm argued.
Investor Phillip Frost, the largest shareholder in and chairman of Ladenburg Thalmann Financial Services Inc., issued a challenge Friday to the independent-brokerage business, saying that the firm's plans to expand are second to none.
Rate of return to recoup loss greater than the loss itself
The latest scrum over how to boost oversight of financial advisers suggests that independent advisers may have to accept an entirely new self-regulator if they want to avoid coming under Finra's jurisdiction
Group touting the virtues of pre-paid tuition program that locks in rates at non-state schools
Number of RIAs down 1%; the good news: AUM up 13.7%
Parents who use Section 529 college savings plans are steadily outpacing those who don't use the tax-advantaged investments, according to a new survey by the College Savings Foundation
