Unexpected big check can throw people's bearings off; 'shock and denial'
Don't see the ripple effect on other retirement assets, says Harley Gordon; often don't even know how to raise the subject
Investors ensnared in a $7 million scam involving so-called “private annuities” will be getting back only a sliver of their original investment.
Regulator says some firms take liberties using 'senior designations'; supervisory procedures must be tightened and enforced
A handful of publicly held life insurers dominate the market for traditional long-term-care insurance, but mutual life insurers are beginning to make inroads with agents and financial advisers.
Executive lays out three points he says should be addressed in every campaign
Commission claims Waters took in cash for bogus funds, spent the money
Last week, we posted the <a href=http://www.investmentnews.com/article/20120313/BLOG03/120319970>top 20 feeds for financial advisers to follow on Twitter</a>, courtesy of Fushion Analytics' Josh Brown, a.k.a. <a href=http://www.investmentnews.com/article/20120313/BLOG03/120319970>The Reformed Broker.</a>
Georgia's citizens doing the most damage to their personal finances by trying to hit it big, data shows
Former Detroit Mayor Kwame Kilpatrick and the city's ex-treasurer were sued by the U.S. Securities and Exchange Commission, which accused them of awarding pension-fund business in exchange for $125,000 worth of gifts from an investment adviser.
Ex-SEC official Robert Colby will replace Grant Callery, Marc Menchel
The second-highest-ranking Democrat on the House Financial Services Committee is promising to put more emphasis on investor protection, if she attains the top position on the panel. Whether Rep. Maxine Waters, D-Calif., ascends to committee chair would depend on her party winning back the House from Republicans this fall. Political prognosticators doubt that outcome, but it doesn't stop Ms. Waters from dreaming.
Pace of shutdowns is slowing, but one in 10 firms open in 2007 are now gone
It was revealed this week that Finra has fined and suspended the head of small indie B-D. No big deal, right? Well, this executive also happens to sit on the regulator's board of directors.
Barred broker Ralph Edward Thomas Jr. was sentenced to four years in prison last February and ordered to pay $838,000 in restitution.
Urges commission to extend standard of care to brokers, not devise new rule
It didn't take long for the lobbying to reignite on a bill that would establish one or more self-regulatory organizations for investment advisers after Rep. Spencer Bachus, R-Ala., prevailed in his primary on Tuesday. An interest group was soon paying respects.
A Colorado man faces nine counts of securities fraud related to the sale of Medical Capital notes
