The controversial CEO is set to become the insurer's longest-serving chief executive officer since the company's near-collapse in 2008
A lawyer in Denver has filed a suit against the Securities and Exchange Commission, demanding the names of the SEC employees who were recently disciplined for viewing pornography on government computers.
Capitalism, the free market no longer at work; making sense of the 'new normal' nearly impossible
In the two days since the Securities and Exchange Commission formally began seeking comment on establishing a fiduciary duty for retail investment advice, more than 70 individuals have submitted statements ranging from one line to several paragraphs.
The SEC must be expecting a whole lot of opinions on whether the agency should revamp the fiduciary standard: the regulator is supersizing its comment period to cope with what's coming
Few historians, market participants or former regulators say they expect the current financial reform bill to put an end to financial crises
Congress is poised to boost significantly funding for the Securities and Exchange Commission so that the agency can fulfill scores of new financial-regulatory-reform responsibilities.
Securities and Exchange Commission Chairman Mary Schapiro told a congressional panel last Tuesday that the SEC is poised to take on the scores of directives mandated by the financial-reform bill that President Barack Obama signed into law on Wednesday.
The Securities and Exchange Commission's adoption last week of new customer disclosure rules was overshadowed by the agency's plan to revamp mutual fund sales charges, but it will have a more immediate impact on investment advisers.
Ex-Wachovia employee sold banking product that didn't exist, pocketed the money, bought zebras, helicopter; sentenced to seven years in jail
Netschi bilked clients out of $80M; Wall Street banker who lost $4M now waiting tables
Steven Salutric allegedly stole from his clients and gave to his church; barred 'from association with any investment adviser'
Agency claims investment adviser pitched funds as 'immensely' diversifed; turns out they weren't, agency alleges
SEC says Sandra Venetis targeted retirees in long-running fraud; allegedly used money for trips, gambling
Missouri says Otto set up unregistered brokerage to liquidate client accounts; he settled similar charges with SEC this year
Revisions to disclosure form seen as better for investors; could create headaches for advisers, though
A federal judge has upheld a $1.47 million arbitration award given last fall to former NBA star Horace Grant for losses he sustained on investments in failed Regions Morgan Keegan Select bond funds.
Morgan Keegan & Co. has been granted an administration hearing on allegations that its brokerage firm cost investors, including retirees, more than $2 billion in losses through fraudulent and reckless business practices.
Plaintiff's attorneys who are suing Morgan Keegan & Co. Inc. over its failed Regions Morgan Keegan Select bond funds are in an uproar about what they claim is the firm's cover-up of embarrassing documents.
Goble barred from securities industry for illegal transaction; co-founded FIA
