The immediate reaction to last week's federal takeover of Fannie Mae and Freddie Mac was overwhelmingly positive.
LPL Financial has agreed to pay a $275,000 penalty for violating customers' privacy, the Securities and Exchange Commission said Thursday.
The chief executive of a subprime lender who lost a $65 million lawsuit against Merrill Lynch & Co. Inc. is demanding another bite at the apple.
If employees knew how much cashing out their plan when getting laid off or changing jobs could affect their future, maybe they would leave the plans untouched.
Lehman Brothers is verging on collapse, even as Bank of America has reportedly bought Merrill Lynch for $44 billion; AIG hammering out its own rescue strategy.
The Securities and Exchange Commission would have explicit power to bar people associated with investment advisory firms for violating securities law under legislation unanimously approved yesterday by the House of Representatives.
Handful of firms peddled equity swaps, stock loans to clients; 'IRS pussyfooted on this.'
Efficient Market Advisors LLC of Del Mar, Calif., announced today the launch of the first 403(b) retirement program offering professionally managed portfolios of exchange traded funds.
The London Stock Exchange PLC halted trading for three and a half hours on Thursday because of a technical glitch that prevented some customers from connecting to its systems.
Participants in 403(b) plans tend to be more conservative and set aside less money than those in 401(k) plans, according to a new study.
Our consumer-driven society has long since sped through the intersection where discretionary spending meets available income.
Judging by newly proposed regulations on investment advice, it looks as if the Department of Labor is trying hard to engineer a sharp turn from the course established by Congress.
The latest version of Money-GuidePro focuses on flexible features designed to automate an adviser's initial meetings with clients.
How does terminating your 401(k) plan affect your retirement?
Consider the inertia of today's 401(k) plan participants the vindication of behavioral economics.
Worries about bank failures and the stability of other financial institutions are all over the news lately.
Financial planners and investment advisers are likely to have a hard time calming their clients over the next few months as the mortgage crisis continues to roil the financial markets.
