Agreed to pay $382,000 to resolve claims that he misled investors by touting fake taste tests and sales
Opponents of a pending Department of Labor rule that would increase the standards for investment advice for retirement plans have insisted that the agency conduct a cost-benefit analysis before proposing a regulation. The difficulty the agency faces in satisfying critics was evident at an event in Washington on Tuesday.
Believes Bush tax cuts will not be allowed to expire; 'mother' of uncertainty for investors
Giddens sees large gap between what is owed to customers and what's in the till
Bachus stepping down, Garrett a possible replacement; so what happens to an adviser SRO?
Latest tax data shows metro NYC area paid 1.6% of all individual income taxes; 'most productive'
Landmark court decision approving brokerage arbitration system caught attention of other industries; 'no place to go'
Americans are sick of watching politicians squabble in a capital riven along partisan lines – a sentiment that is reflected by investment advisers.
Study on the price tag of applying fiduciary rule to IRAs shows huge costs, diminished access and service
The Oppenheimer Holdings solicitation allegedly overstated the value of holdings in the Global Resource Private Equity Fund, described in a private placement memorandum as a fund of funds intending to invest in natural resource-related companies.
Supporters of a bill that would eliminate the estate tax are touting the fact that the legislation has attracted more than 200 House sponsors. But for now, this measure serves mostly as a Republican political statement. Democrats are making their own noise with tax bills that probably won't go anywere this year.
Renee Marie Brown faces 20 years in prison for hawking bogus bond fund
Elderly couple awarded $1.4M for claim over tenant-in-common exchanges; were seeking $8M
Judge finds for claimant in $5 million stoli benefits payment from Lincoln National Life
Prudential Financial Will pay $17 million to settle with seven states; regulators claim insurer used more comprehensive database for cutting off annuity payments than one used to locate those owed money.
Agreement requires insurer to step up cross referencing to locate unpaid beneficiaries
