Wing F. Chau, the bond manager who sued Michael Lewis over his depiction in the 2010 book “The Big Short,” was accused by U.S. regulators of violating his fiduciary duty by accommodating requests from Magnetar Capital LLC in managing financial products linked to subprime mortgages.
By 2020, the majority of wealth management will probably still involve real, live wealth managers, but the rise of the "robo-advisers" continues. Are you ready?
Labor Department says CPI report will not be released next week.
Groups from Salt Lake City, Charlotte, N.C., manage close to $500M combined.
Technology has vastly improved transactions in our industry, but JP Nicols says we also need it to improve relationships.
Joe Duran says the financial services industry has been guided by calculable and analytical thinking and driven by results. That has led to a bias toward a certain kind of employee.
Cuts don't include client-facing functions.
Back in 2009, regulators predicted that 4,000 investment advisers would shift from SEC regulation to state oversight. They were slightly off.
They earn 8%-per-year delayed retirement credits plus annual COLAs
IRS also sets tax break for single filers at $5.25M
Five ex-employees of Bernard Madoff on trial accused of aiding his $17 billion fraud seek to “embarrass” Securities and Exchange Commission witnesses by asking about bungled Madoff audits, prosecutors say.
Why some financial professionals now say debt management is key to successful retirement planning
Plan advisers wanting to step up their service to 401(k) clients, and their workers need look no further than bread-and-butter debt management.
From the upcoming Twitter Inc. IPO to the prospects for the United States becoming energy independent, Dan Veru, chief investment officer at Palisade Capital Management LLC, has an investment angle to share.
Microsoft has released its first major update for Windows 8 with a slew of fixes intended to improve features and address many usability issues and concerns with the original release. Is it time to make a change?
Borzi offers few details but says re-proposal will cover brokers selling IRAs.
The financial industry has a tendency to blame mainstream media for hyping financial news, and yet, is guilty of the same crime where social media is concerned, according to Robert Sofia of Platinum Strategies
Finra's fraud allegations cited as Tony Thompson is urged to resign his role with the REIT he runs. <b>Also: <a href="http://www.investmentnews.com/article/20130811/REG/308119973">Details on Finra's initial allegations.</b></a>
Group wants coordination between SEC and DOL on contentious issue.
If it gets through House, Senate passage unlikely but the idea is out there.
