A New York man who wrote a self-help book after pleading guilty to fraud more than a decade ago stands accused of running a $26 million Ponzi scheme to pay back victims of his earlier fraud.
The Commodity Futures Trading Commission today slapped a Miami man with fraud charges and other allegations, claiming that he ran a phony $3 million commodity pool.
Bank of America Merrill Lynch brokers might want to pray a little longer and a lot harder after last week's sacking of Sallie Krawcheck, who headed BofA's wealth management division
Aviva Life & Annuity Co. this month amended its lawsuit against six insurance agents in an alleged charity-owned life insurance scheme, claiming that the parishioners of a Los Angeles church were coached to lie to the insurer about the source of premiums for their coverage
Ladenburg Thalmann Financial Services Inc., the prospective owner of Securities America Inc., is offering bonuses to keep the firm's brokers on board and probably won't see an exodus, given the volatility of the stock market
Provision allows deceased to pass on exemption to spouse; expires in 2013
The black swan was meant to be a rallying cry for preparedness. Instead it has become the opposite: a loathsome excuse for lack of planning by those who should know better.
Advisers are lagging banks and retail brokerages when it comes to providing useful tools on smart phones and tablets — and the average investor notices it.
When it comes to brokerage firm websites, designed to inform investors about their transactions, one of the first things one would think they'd get right would be providing them with their account information. Apparently, they don't.
The justices today turned away an appeal by 17 current and former company financial advisers who sought to press a class action race-discrimination suit against Merrill Lynch.
The U.S. Consumer Financial Protection Bureau is seeking public comment on financial products aimed especially at members of the military.
Even 3,000 miles away, Tim Pinkney, an adviser with the Savant Group in Citrus Heights, Calif., deeply felt the shock waves of 9/11
Three former executives of defunct brokerage GunnAllen Financial Inc. agreed to pay $55,000 to settle government allegations that they failed to protect confidential customer information as the firm was going under.
Consolidation in the securities industry continues to build, with regional broker-dealer and clearing firm Sterne Agee & Leach of Birmingham making an offer to buy SWS Group Inc. of Dallas.
Less than 24 hours after revealing that they had received an unsolicited takeover proposal from the Sterne Agee Group Inc., officials for SWS Group Inc. — a Dallas-based firm with several hundred advisers—unanimously rejected the offer.
Agency finalizes controversial rule calling for level-fee arrangements; new scheme also greenlights computer models
Investigations heat up as DOL said to be investigating retirement plan and participant fee disclosure; reps possibly classified as fiduciaries
Plenty, according to state regulators. They say recent exams revealed that advisers are increasingly attaching 'RIA' after their signatures as it were an earned designation. It isn't -- and doing so violates the rules | <b>Extra </b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20110923&Category=FREE&ArtNo=923009999&Ref=PH>The 10 states with the most CPAs</a>
Even a puny rise in interest rates will slam current holders of U.S. debt; inflationary shock 'a high probability'
