Insurers, fund companies and advisers who serve small investors are likely to be big winners if the Automatic IRA Act of 2010 becomes law.
Threat of IRS crackdown too big a risk, says official at Swiss financial regulatory agency
A Florida investor is suing TD Ameritrade Inc. for allegedly allowing a financial adviser to steal more than $2.3 million from her brokerage accounts.
President Barack Obama signed legislation that will cut taxes and provide credit help for small businesses, calling it an essential step for job growth in a slow economy.
Older workers are feeling more confident about their ability to retire comfortably, but younger workers, particularly those with defined-contribution plans, are growing increasingly worried.
In a move that one industry expert dubs 'a big hit,' the fund firm sees its 10-year relationship with the state come to a halt
The tennis great, as well as the estate of actor Robert De Niro's father lost millions in the scam, according to one attorney
Capitol Investment's Shapiro solicited clients for bogus grocery distribution company; nearly $1B Ponzi scheme
Bank of America Corp. settled a lawsuit filed by a broker who claimed the bank's Merrill Lynch & Co. unit discriminates against women through its partnership model.
A dually registered investment adviser and broker defended his investment strategy after being charged today by the Securities and Exchange Commission with switching clients in and out of related funds without telling them the changes would boost his commission.
Delaying until 2011 might save money, consternation; blueprint for transition not exactly 'etched in stone'
Namvar accused of stealing $23M from clients to pay off other investors; bigwig in Persian Jewish community
Finra's directive requiring firms to ramp-up their disclosure about broker terminations could trigger defamation suits, lawyers say. And it may not be so good for the brokers, either.
What separates the top firms from the rest of the advisory industry? The way they utilize technology, for one.
Arrangement puts underwriter on retail par with other major firms
A New Jersey financial adviser who admitted stealing more than $1 million from eight elderly clients has been sentenced to 68 months in federal prison.
President Barack Obama will call on Congress to pass new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011, the latest in a series of proposals the White House is rolling out in hopes of showing action on the economy ahead of the November elections.
Flash crash exposed vulnerabilities in U.S. stock trading system, SEC's chairman says
Fidelity Investments has introduced a priority services group for high-net-worth investors in its Charitable Gift Fund.
