The Financial Services Institute Inc. is now clamoring for a self-regulatory organization to oversee investment advisers.
Although Americans are aware of the debilitating costs of long-term care, few seem to understand how to pay for those services, according to a study by MetLife Mature Market Institute.
The Internal Revenue Service has closed another loophole in the Tax Code.
Financial advisers may want to invest in a Farmers' Almanac to figure out which stocks to buy. That's because it appears companies that announce earnings on sunny days in New York City see their stocks perform better than companies that do so during inclement weather, according to a recent study by two accounting professors.
Stock futures are indicating a lower opening on Wall Street following declines in overseas markets and as the Federal Reserve prepares to begin a two-day meeting on interest-rate policies.
Stocks fell in early trading Tuesday after wholesale inflation rose more than expected in November, led by a surge in energy costs.
A suburban Philadelphia man will spend a year and a day in federal prison for selling high-risk securities to four Pennsylvania school districts.
The spiritual message of Bob Dylan's soulful ditty about fate and consequences, “Gotta Serve Somebody,” is taking on a more down-to-earth meaning this year.
Inch by inch, Americans are recovering some of their vast loss of wealth from the recession, thanks to gains in stock investments and home values.
The next wave of opportunities in the equity markets will be big, “boring” companies that have been largely overlooked in the current rally, according to hedge fund manager Joel Hirsch.
After a decade of pushing fee-based services, Wall Street is slashing and burning the infrastructure that has supported the business.
Investment managers are gathering into a bull stampede, according to the latest findings from Russell Investments.
Affiliated Managers Group will buy the global private equity fund-of-funds business of London-based Pantheon Ventures from Russell Investments for at least $775 million, AMG announced today.
John Hancock Funds LLC will file with the Securities and Exchange Commission in the next few weeks plans to launch actively managed exchange-traded funds, according to an official at the firm.
Stock futures are indicating a higher opening on Wall Street after Abu Dhabi provided a surprise $10 billion bailout to Dubai to help with debt repayments.
Wells Fargo & Co. said Tuesday it will sell stock for $25 per share to help repay $25 billion in government bailout money.
Stocks are edging higher after a bailout of the troubled emirate of Dubai helps allay concerns over global credit problems.
The Securities and Exchange Commission will reopen the comment period for its shareholder director nomination proposal.
Scott DeFife, senior managing director of government affairs at the Securities Industry and Financial Markets Association, is leaving to take a job at the National Restaurant Association.
Administration officials and members of Congress fret that banks aren't lending enough, and that companies aren't hiring enough, to reduce unemployment significantly and get the economy moving again.
