The second-highest-ranking Democrat on the House Financial Services Committee is promising to put more emphasis on investor protection, if she attains the top position on the panel. Whether Rep. Maxine Waters, D-Calif., ascends to committee chair would depend on her party winning back the House from Republicans this fall. Political prognosticators doubt that outcome, but it doesn't stop Ms. Waters from dreaming.
Pace of shutdowns is slowing, but one in 10 firms open in 2007 are now gone
GOP wants to sap health care funds to pay the $5.9 billion to freeze a hike in Stafford loan rate; Dems want to end tax breaks for big oil
Push for self-regulator for investment advisers could pick up momentum in the lower chamber
It was revealed this week that Finra has fined and suspended the head of small indie B-D. No big deal, right? Well, this executive also happens to sit on the regulator's board of directors.
Barred broker Ralph Edward Thomas Jr. was sentenced to four years in prison last February and ordered to pay $838,000 in restitution.
Urges commission to extend standard of care to brokers, not devise new rule
It didn't take long for the lobbying to reignite on a bill that would establish one or more self-regulatory organizations for investment advisers after Rep. Spencer Bachus, R-Ala., prevailed in his primary on Tuesday. An interest group was soon paying respects.
A Colorado man faces nine counts of securities fraud related to the sale of Medical Capital notes
Survey reveals investors confused by crush of options – and not sure what they are
Advisers can fill void left by doctors, lawyers; living wills, DNRs crucial
Despite massive mutual fund outflows -- and conventional wisdom about the markets in the summer -- famed stock picker Lazlo Birinyi says investors are making a mistake if they sell in May and go away.
Dispute claims of reps who left after BofA merger
