A good-government group is asking Congress to rethink the concept of self-regulation.
The Senate this week begins debate on its version of a financial-reform bill.
A bill has been introduced in the Washington state legislature that would double estate taxes for residents.
Financial advisers are scratching their heads as they try to decipher the compliance and regulatory ramifications of a privacy fiasco with Google's Buzz.
The Labor Department will host a public hearing in the next few months to discuss concerns about including annuities in retirement plans. But addressing plan sponsors' concerns about carrier stability continues to bedevil the regulator.
Legislators are still tied up with health care issues, leaving retirement initiatives to flounder. Tax proposals may be the exception
Polls show that employees want an annuity option in their pension plan menu. But they also prefer a lump sum to an income stream when they hit retirement age
They're not up to speed about the products themselves, either
An Idaho senator says people who have lost money in fraudulent investment schemes should be able to write off more of their state income taxes.
A fund manager accused of cheating investors of more than $100 million has pleaded guilty to fraud charges, admitting he lied to hundreds of investors about the health of his business.
Bank of America fired its top lawyer in December 2008 before its fateful takeover of Merrill Lynch simply to make way for another executive, and not because he had given the company legal advice it didn't want to hear, the Securities and Exchange Commission has said in a court filing.
The president of an Albany investment firm is accused of selling fraudulent securities to investors across the country.
That's good news for consumer-oriented companies, which are likely to benefit from more incremental spending
Private-equity firm Lightyear Capital LLC last week said that it has completed its acquisition of three ING Groep NV broker-dealers.
Reflecting the rebounding economy, financial advisers are attending more conferences and taking more courses for continuing-education credits.
A stalled proposal hammered out last year to permit exchange traded funds to operate without having to obtain individual exemptive orders may finally see the light of day -- and soon.
You too can set your practice apart from the competition by identifying and promoting your platinum services.
The failure of Congress to plug the 2010 estate tax loophole has created considerable uncertainty.
With the estate tax laws set to expire by year-end — and no clear indication when Congress will address the issue — some financial advisers and attorneys see an opportunity for their high-net-worth clients in this extremely muddled situation.
