Yesterday, Pimco managing director and co-CIO <a href=http://twitter.com/#!/PIMCO>tweeted</a> that a recession is "likely as markets recognize impotency of policymakers."
A 76-year-old insurance agent is facing nearly a century of prison time after pleading guilty to securities fraud stemming from the sale of unregistered securities and fake investments.
MSRB to issue more guidance on college savings vehicles by year-end; could be complicated for distributors
Last Friday, the one-year anniversary of the flash crash, SEC Chairman Mary Schapiro told attendees at the Investment Company Institute's annual general-membership meeting that the commission is looking at further regulation of high-frequency traders and mandating standards for exchanges' automated systems to make sure that something similar doesn't happen again
The catastrophe bond market appears set to rebound during the second half this year despite a slower pace during the first half
The modestly sized jobs plan President Barack Obama proposed last Thursday, if passed by Congress, might be good news for many financial planning and investment advisory firms, but it seems unlikely to do much for most of their clients
Although analysts are trimming third-quarter-earnings estimates for many life insurers, most remain upbeat about the long-term prospects for the sector
A recent episode of “Weeds,” a Showtime television series that features a marijuana-selling single mom, raises the question of what would happen if a crooked financial professional managed a federal investigator's retirement money
Living up to its warnings, Finra has walloped five firms for overcharging for postage and handling
Spencer Bachus, the influential GOP representative and committee leader, has backed the creation of an adviser SRO -- and perhaps more than one.
When Republican members of the House Financial Services Committee warned the Securities and Exchange Commission to halt the process of fiduciary rule making, it was a pretty blatant signal that the stage has been set for a courtroom showdown
Ken Norensberg, chief operating officer of Tritaurian Capital Inc., has won a contested small-firm seat on the Financial Industry Regulatory Authority Inc. board.
'Name calling,' 'conspiracy theories' spice up election for seat on board
If you've set on a path to expand your business, you might be racking your brain trying to think of ways to attract new clients.
Smaller variable annuity writers are expected to give the big boys a run for their money in the battle for market share
Interested in a seat on Finra's small firm advisory board or on one of its district committees? You have until Oct. 7 to submit a form to get your name on the ballot.
A congressional hearing next week that will delve into the issues of fiduciary duty and a self-regulatory organization for advisers also is likely to provide a platform to introduce an SRO bill — or at least an outline that could turn into a measure.
A report today showed that housing valuations remain mired in a horrific slump, with year-over-year prices still way down. Even when the market does bottom out, don't expert a rapid rebound.
MetLife Inc., the top seller of variable annuities, is seeking permission from regulators to sell two new income benefits featuring lower withdrawal percentages for its variable annuity riders.
