Two plaintiffs claimed that brokerages were misled about NASD's merger with the NYSE's regulatory unit. Apparently, Judge Jed Rakoff wasn't moved by their arguments.
Upper-income investors are taking advantage of a change in the tax law and rushing to convert their traditional individual retirement accounts or old 401(k) plans into Roth IRAs.
Taken together, the Icelandic and Greek financial crises can be seen as the second stage of the larger global banking crisis.
State insurance regulators Monday voted in favor of a proposal that would allow carriers to terminate an annuity living or death benefit if a client sold the contract over the secondary market.
E*Trade Financial Corp., which took a black eye from losses on its subprime mortgage holdings, is getting back on track by focusing on its roots as an online brokerage, an analyst said Monday.
The Financial Industry Regulatory Authority Inc. has a tough task ahead of it in searching for the right person to replace Robert Errico in running its member regulation division.
Head of member regulation will be leaving the financial industry watchdog at the end of March.
Last week, Securities America Inc. was tagged with a lawsuit from Massachusetts regulators alleging that the firm misled investors who were sold high-risk private placements.
Annual volume from life settlements transactions is expected to reach $13 billion in face value over the next three years, according to research from Aite Group LLC.
<i>The following is an excerpt of commentary from Peter Schiff, president of Euro Pacific Capital and author of tCrash Proof 2.0 regarding, President Obama's announcement today about the regulation of banks.</I>
Sotheby's sold $134 million worth of art last night in a sign that investors are looking for a hard asset that is also a solid hedge against inflation
The Fed and the Bank of Japan opted to keep interest rates at historic lows. Not surprisingly, stock investors around the globe gave thanks.
Soon-to-be-premiered futures exchanges in Chicago and New York let investors wager on whether movies will be blockbusters or box-office death. Popcorn is extra.
Law enforcement officials go undercover to catch fraudsters, scammers and crooks
High net worth clients are caught in an internal tug of war
Workers are feeling confident about being able to pay for their basic expenses in retirement. But they're far from secure as more of them say they have hardly anything in savings and investments.
