P2P lending gaining in popularity, but state securities cops warn about potential perils
Insurers, fund companies and advisers who serve small investors are likely to be big winners if the Automatic IRA Act of 2010 becomes law.
A Florida investor is suing TD Ameritrade Inc. for allegedly allowing a financial adviser to steal more than $2.3 million from her brokerage accounts.
President Barack Obama signed legislation that will cut taxes and provide credit help for small businesses, calling it an essential step for job growth in a slow economy.
Capitol Investment's Shapiro solicited clients for bogus grocery distribution company; nearly $1B Ponzi scheme
Bank of America Corp. settled a lawsuit filed by a broker who claimed the bank's Merrill Lynch & Co. unit discriminates against women through its partnership model.
A dually registered investment adviser and broker defended his investment strategy after being charged today by the Securities and Exchange Commission with switching clients in and out of related funds without telling them the changes would boost his commission.
Delaying until 2011 might save money, consternation; blueprint for transition not exactly 'etched in stone'
Namvar accused of stealing $23M from clients to pay off other investors; bigwig in Persian Jewish community
Finra's directive requiring firms to ramp-up their disclosure about broker terminations could trigger defamation suits, lawyers say. And it may not be so good for the brokers, either.
A New Jersey financial adviser who admitted stealing more than $1 million from eight elderly clients has been sentenced to 68 months in federal prison.
Flash crash exposed vulnerabilities in U.S. stock trading system, SEC's chairman says
In trying to clarify who can give advice to 401(k) plan participants and under what circumstances, the Department of Labor appears to have antagonized just about everybody.
The Dodd-Frank financial-reform law has created the potential for great uncertainty in the investment advisory and financial planning business.
Finra arbitrators have ordered a securities analyst who claims he was wrongfully fired by Rodman & Renshaw LLC in 2006 for attempting to lower a stock rating to pay the broker-dealer $10.7 million in damages.
For the third time this summer, securities industry arbitrators have ordered brokerage units of Raymond James Financial Inc. to return money to clients who brought claims over frozen auction rate securities.
Low trading volume, credit crunch put firms in regulator's sights
The Securities and Exchange Commission is charging two employees at State Street Bank and Trust Co. with misleading investors about their exposure to subprime investments.
Settlement of N.J. suit seen as opening salvo in crackdown on lax disclosure; 'harbinger'
