The SEC's announcement last week that it is launching an investigation of the municipal bond market is aimed at increasing transparency and weeding out conflicts of interest.
Friday was a multi-swinging session, which is exactly what you want for a bottoming phase in the equity markets.
The leaders for major securities exchanges have agreed in principle to a uniform system of "circuit breakers" that would slow trading during periods of intense market volatility, Federal regulators said Monday.
U.S. regulators face pressure to show they have a grip on stock markets that are increasingly fragmented and dominated by computers after last week's plunge fueled lawmaker concerns about electronic trading.
Thursday: A nearly 1,000 point drop, followed by a 600 point gain. Friday: Swings of nearly 340 points, to finish with another triple-digit loss. Where it heads next week is anyone's guess. But one thing's for sure: Volatility is back.
The benchmark index for U.S. stock options surged to the highest since February 2007 as stocks tumbled on concern that Europe's debt crisis is worsening.
One of the most manic days in the history of the world markets may have been the result of a typo made by a trader at Citigroup, according to a CNBC report
Target date funds are marketed as age-appropriate diversified portfolios and promoted as sophisticated, easy-to-use funds.
This is obviously a big panicked reaction. It could last for days or be over by tomorrow but recognize it for what it is, a panic.
Geithner and Paulson are testifying at a hearing Thursday of a special panel investigating the crisis and a so-called "shadow" banking system.
Wells Fargo Advisors, UBS, MSSB and Merrill Lynch made personnel changes this week
Former major leaguers Rondell White and Cliff Floyd have filed a $12.5 million lawsuit in federal court against two New Jersey financial advisers, alleging they lost millions of dollars in a real estate development deal.
Of the 172 new adviser teams that joined Schwab in 2009, fully 42% went to existing RIAs. That's a big change from previous years
The financial regulatory reform legislation sought by the Obama administration, mired just weeks ago in a partisan congressional logjam, is likely to be passed by early summer, with major implications for the securities industry, a leading industry lobbyist said last week.
My friends at <a href=www.businesshealth.com>Business Health</a>, an international consulting firm that specializes in financial advisory businesses, recently came out with a report comparing the financial “health” of Australian advisory practices today with their condition in 2007.
Equities rallied for the first part of last week, reaching new highs for the current cycle on Thursday, before falling sharply on Friday on news that US regulators are suing Goldman Sachs over alleged fraud in connection with its collateralized debt obligation business.
Online brokerage also facing a welter of arbitration claims over bond fund implosion
The online brokerage was hoping to keep the YieldPlus lawsuit from going to trial. After a Federal judge's ruling on Thursday, it may be time for Plan B.
