MF Global's bankruptcy illustrates again that excessive financial leverage is dangerous, that regulators must remain on high alert for dangerous situations and that they must act expeditiously when they perceive that a firm's leverage appears too high
200 former employees will be hired to help with liquidation of bankrupt B-D; 'saddened'
Settlement with SEC a distant memory by the time investment adviser oversight issue is settled
Carriers that have been stalwarts in the variable annuity industry are trying their hand at manufacturing and selling fixed indexed annuities.
In many ways the global economic crisis is like a marriage gone bad.
For those with a long horizon, I am sure well-managed forestry and farmland will outperform the average of all global assets.
With hindsight, there are a few additions and qualifications I would like to make regarding my letter on resources of <a href=http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20110426/FREE/110429963>last quarter.</a> I will start with an overview of the prospects for our collective well-being: there is nothing about the resource limitation problem that we cannot resolve. We have the brain power and, especially, the inventiveness.
State regulators continue to investigate claims that life insurance carriers may be failing to pay out death benefits or submit the money to the state in a timely fashion. Not surprisingly, this has attracted the attention of tort lawyers.
Critics say it's smart for carriers to deny life insurance claims for allegedly spurious reasons. Why? Because they make money off the float.
Financial advisers are calling on insurers to enhance their suite of variable annuities, saying that clients are turned off by falling accrual rates on living benefits and insufficient investment choices
The recent fining of three advisory firms by the SEC is only the tip of the iceboard, according to an ex-Commission official. How tough will the crackdown be? Says the lawyer: 'The world is about to change for investment advisers.'
U.S. Senate Democrats are proposing to use a 3.25 percent surtax on income over $1 million to pay for extending and expanding a payroll tax cut, setting up a test vote as early as this week.
Barton Biggs, the hedge fund manager who bought stocks when the market bottomed in 2009, cut bullish bets on equities, amid concern that the odds of a U.S. recession have increased.
DOL's Borzi says agency looking at third-party payments; not backing off fiduciary update, either
Predict S&P 500 will end the year at 1,300; investors being 'swayed by macro variables'
A fervent outcry from a wide range of financial industry groups and bipartisan lawmakers helped persuade the Labor Department to withdraw a proposed rule to expand the definition of “fiduciary” for advisers to retirement plans
A fervent outcry from a wide range of financial industry groups and bipartisan lawmakers helped persuade the Labor Department to withdraw a proposed rule that would expand the definition of fiduciary for advisers to retirement plans.
Commission on a mission, goes after Chicago firm for allegedly 'grossly exaggerating' assets under management
