The Treasury secretary says the administration wants a financial overhaul bill that provides strong consumer protection and restraints on risk taking by large banks.
The debate over whether to take capital gains this year heated up yesterday when the House passed health care reform legislation.
There may still be hope, because financial reform legislation is far from being a foregone conclusion
Scott J. Brown, chief economist and senior vice president of equity research at Raymond James & Associates Inc., offers his daily market commentary.
President Barack Obama's health plan proposal would extend Medicare taxes to the investment income of higher-earning households.
The target for the federal funds rate (the overnight market rate that banks charge each other for borrowing excess reserves) has, since 1994, been the main monetary policy tool for the Federal Reserve.
Kenneth Feinberg isn't being paid for the long hours he's putting in as the Treasury Department's special master to determine executive compensation at companies that received bailout money, but the decisions he's making are likely to percolate throughout the financial services industry for years to come.
Here's some additional information that was provided by Fabeetle.com founder Brandon Gadoci during the reporting of this week's <a href="http://www.investmentnews.com/article/20100321/FREE/303219969" target=”_blank”>Tech Update</a> that we could not get into the story.
Move aimed at helping to open up a dialogue between high-income investors and their advisers
In: Investor Advocate office, ramped up protection for senior investors; Out: fiduciary standard for brokers who give advice
In a surprise, Conn. Democrat Christopher Dodd called it quits on hammering out a bi-partisan financial reform bill. The upshot? Expect plenty of tweaks to the financial system, but little change.
The Senate Banking Committee Chairman says he's working with Republican Sen. Bob Corker of Tennessee to propose legislation.
For advisers and their clients, making a fully informed, balanced decision not to convert to a Roth IRA is — unequivocally — a legitimate choice.
Roth IRA conversions should be discussed with most investors this year as part of their overall retirement planning strategy.
With regulators and lawmakers continuing to scrutinize the blowup of target date funds in 2008, AllianceBernstein LP is adding a component to its lineup of target date funds aimed at managing market volatility better.
Ponzi scam artists will have greater freedom to flourish if state regulators are assigned expanded oversight of RIA firms, according to panelists at the Financial Services Institute Inc.'s annual conference last week.
Firm to be acquired by socially conscious investing shop; combined broker-dealers in top 30 of independent B-Ds
Questions surround the beleaguered firm after owner and chairman resigns.
