Recommendations from Mario J. Gabelli's brokerage firm are trouncing returns in the U.S. stock market as analysts at the biggest securities firms struggle to prove their worth.
Famed investor trouncing fund managers, S&P 500 with quarterly 'Focus Five' list
Settlement provider lowers advertised rate of return from 12% to 7%; litigation ahead?
Capital Financial wants to merge cases as part of a class action settlement; other brokerages said to be monitoring judge's decision
A machinery manufacturer last week sued New York Life Insurance Co., claiming it had lost money in variable universal life policies that were invested in funds linked to the Madoff scandal. Experts say similar suits are likely to follow.
The trustee liquidating Bernard L. Madoff's investment firm has filed more than $50 billion in so- called clawback suits to compensate victims of the con man's fraud since his 2008 arrest for masterminding the biggest Ponzi scheme in U.S. history.
From Black Friday door-buster specials on flat-panel TVs to stocking stuffers like MP3 players and e-book readers, shopping for electronics has become as synonymous with the holiday shopping season as decorating Christmas trees
JPMorgan Chase & Co. will give its investment bankers iPads to provide an additional mobile tool as Apple Inc. expands its domain to Wall Street, threatening Research in Motion Ltd. in a market it traditionally dominated.
Bill Gross continues to impress. According to Morningstar, Pimco's short strategy fund, managed by Mr. Gross, was the only bear fund to beat the S&P 500 over the past decade.
Retirement plan administrator says insurance group ran a pay-to-be-on-the-platform scheme
Analysts see larger rise in price of silver, as industries find new uses for the precious metal
'One thing Congress isn't going to do is give the SEC a bunch more money,' says Schweiss
Expanded definition of 'fiduciary' likely to hamstring funds that work with plan sponsors and participants.
NASAA president David Massey sits down with <i>InvestmentNews</i> reporter Liz Skinner and discusses the potential impact of Finra regulation over investment advisers, and also how state regulators will deploy "more intelligent regulation" as they take on the oversight of all investment advisers under $100 million. <a href=http://assets.investmentnews.com/Bruno/massey_final.mp3>(Click here to listen.)</a>
In my ongoing effort to keep advisers abreast of ways to engage the next generation, I came across an entertaining website for you to share with parents or grandparents who can in turn share with their young ones.
New York Life Insurance Co. has kicked off a program that will allow agents to meet the tougher fiduciary requirements set by the Labor Department
Last month, the Department of Labor proposed to expand the definition of the term “fiduciary” under the Employee Retirement Income Security Act of 1974
'Black Swan' author slams President, White House officials, U.S. debt level, mortgage interest tax deduction; likes Canada, however
Recent recommendation only the 'first step' in longer process
High hidden fees, long surrender periods just some of the pitfalls, argues ex-Treasury official Smetters; insurers, agents beg to differ