FBI raids home of adviser Mark F. Spangler in probe of alleged fraud; served as president of financial advisers association in 1999
Much has been written about the opportunity to undo, or re-characterize, a Roth IRA conversion if the assets in the account depreciate
Bernie Clark, head of Schwab Advisor Services, apologized last week to the firm's RIA clients, expressing regret for a marketing piece sent to advisers' clients who sponsor Schwab-held retirement plans
Jeffrey Thomasson, 52, may pass on more than $100 million to heirs using an estate-planning strategy for avoiding gift and estate taxes.
The Treasury's Federal Insurance Office yesterday announced that it's looking for public comments — with a special focus on systemic risk — as part of a report on modernizing insurance regulations.
Recently, the Tax Court ruled that a taxpayer's continuing business activities and lack of credible evidence failed to qualify him as disabled under the tax code
A California appellate court has ordered Wells Fargo Advisors LLC to pay $915,000 in legal fees to Stifel Nicolaus & Co. Inc. and Stifel broker Chris Nielsen
Rep. Spencer Bachus, an Alabama Republican and chairman of the House Finance Committee, is floating legislation that would establish one or more self regulatory organizations to oversee investment advisers; the fiduciary standard hits a snag; and the SEC takes a look at sub-accounts.
Suddenly, selling away is again a big concern for regulators and law enforcement agencies. In recent months, former reps at several marquee B-Ds have been investigated for allegedly peddling unapproved investments on the side. | <b>Extra </b><a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110923&Category=FREE&ArtNo=923009998&Ref=PH>What top RIA execs earn</a>
Millions of investors are at risk of being defrauded because the SEC lacks the financial resources to do an adequate job of policing the advice business
Finra is continuing to shake up the way broker-dealers show the value of illiquid investments such as non-traded real estate investment trusts and private placements on clients' account statements.
The unfolding drama at Jon Corzine's bankrupt trading outfit could give a serious boost to those who back financial reform, including the establishment of an investment adviser SRO and a universal standard of care.
Removes generators, gasoline cans from OWS site; 'pretext to make the protest less sustainable'
Rich Lowrie serves as economic adviser to Herman Cain
Price of debt servicing will climb considerably after city council sides with Occupy Los Angeles
It appears that convicted hedge fund manager Raj Rajaratnam will be sent to a penal facility known as the 'crown jewel of the federal prison system.' Certainly, the roster of inmates at the prison reads like a Who's Who of financial criminals, including Bernie Madoff, Ponzi artist Samuel Israel, and Adelphia's John Rigas. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111013&Category=FREE&ArtNo=101309997&Ref=PH>Which investment bigs sympathize with Occupy Wall Street -- and which don't?</a>
In a little-noticed but surprising move, the Financial Industry Regulatory Authority Inc. last week withdrew a controversial proposal to revamp its supervisory rules that would have, among other things, required supervision of nonsecurities-related businesses.
Clients are crazy for annuities these days, but regulators have concerns. The top of the list? How carriers explain -- or fail to explain -- product features. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111011&Category=FREE&ArtNo=101109994&Ref=PH>Nine mistakes clients make with their insurance</a>
