Iowa Sen. Charles Grassley suggested that AIG executives should accept responsibility for the collapse of the insurance giant by resigning or killing themselves.
Individuals who invest for themselves — without the help of a financial adviser — show more awareness and commitment to exchange traded funds than their adviser-directed peers.
Wealthy investors may be pessimistic about the economy, but most didn’t plan on changing their long-term investment approach, according to a new survey.
Nobel laureate economist Paul Krugman has told the European Union that its effort to spend its way out of recession 'really is disappointing.'
An investor has filed a class action against Prudential Financial Inc. and a slate of its executives, alleging that the insurer violated federal securities laws in a June 2008 public offering of junior subordinated notes.
The Obama administration announced Monday that the 21 largest banks receiving government money must report monthly on how much lending they do to small businesses.
A consensus is forming that financial regulatory reform should include provisions to require anyone providing advice to adhere to a fiduciary standard of care.
Fed up with the recent volatility in publicly traded stocks and mutual funds, some sophisticated investors are looking to alternative investments for portfolio diversity and enhanced returns.
It isn't surprising that, as reported in InvestmentNews last week, many financial planners and advisers are feeling stressed and depressed.
Interest in Section 529 college savings plans that are backed by the Federal Deposit Insurance Corp. is picking up amid the stock market's downturn.
Many advisers don't believe that the market has bottomed, even though the Dow Jones Industrial Average rallied for four days last week.
Bernard Madoff's face has been plastered on magazine covers and in newspapers, but artist Yan Pei-Ming has taken the confessed Ponzi schemer's image one step further.
The Charles Schwab Corp. is giving a reprieve to advisers upset with its decision to stop taking custody of hedge funds, real estate assets, private equity and other forms of alternative investments, but it will not reverse the ban.
A Seattle man has filed suit against his financial adviser for failing to conduct appropriate due diligence and for investing his money with Tremont Group Holdings Inc. of Rye, N.Y., that placed funds with convicted swindler Bernard Madoff.
Congress should enact legislation mandating that all investment advisers and money managers come under fiduciary standards, John Bogle, founder and former chief executive of The Vanguard Group Inc. of Malvern, Pa., said today.
Employees at Putnam Investments will work longer hours starting May 4 when a companywide change in the workweek is implemented.
A systemic regulator for the country’s economy and financial system is likely to be put in place by the Obama administration.
Perkins Investment Management LLC today announced that the Perkins Small Cap Value Fund (JSCVX) will reopen to new investors.
