The Obama administration last week announced plans to require employers to give employees the option of enrolling in direct-deposit individual retirement accounts.
A federal judge in Minnesota last week ordered Trevor G. Cook jailed for failing to surrender more than $35 million in assets.
A defeat of Federal Reserve Chairman Ben Bernanke's quest for another four-year term could raise the risk of a "double dip" recession if political jousting over a successor were to drag on for months, economists warn.
More than 1,000 financial planners contacted members of the House to oppose a provision in financial-reform legislation that could put many advisory firms under the jurisdiction of the Financial Industry Regulatory Authority Inc.
Financial planners are worried about being regulated by the proposed consumer financial protection agency when it comes to dishing out advice about mortgages, taxes and estate planning.
Financial planners are worried about being regulated by the proposed Consumer Financial Protection Agency when it comes to dishing out advice about mortgages, taxes and estate planning.
The Senate Banking Committee's plan to overhaul Wall Street has received a cool reception in the brokerage world.
The Securities and Exchange Commission has sued Gary R. Headding and his former registered investment adviser firm, Envision Direct of Newport Beach, Calif., for defrauding two clients of at least $274,256.
Smaller broker-dealers are worried that a sweeping congressional proposal aimed at preventing fraud through comprehensive audits of brokerage firms could put them out of business.
Commssion backs a plan to limit fees on option trades. But the regulator also wants the largest stock traders to provide ID codes, records for transactions
For months, a task force for the Financial Industry Regulatory Authority Inc. has been reviewing some of the major issues surrounding the professional use of social media in the financial services community – and now the self-regulatory organization has finally issued an overview of their guidelines.
A sports car worth nearly $2 million, an 87-foot yacht and a guitar collection worth as much as $20,000 were among the assets seized from a South Florida lawyer suspected of operating a massive fraud scheme, according to a court filing Monday.
Two California investment advisory firms were charged with improper short selling today by the Securities and Exchange Commission.
George Robison, the director of licensing for the Utah Division of Securities, is discussing taking legal action against his employer for allegedly retaliating against him because he participated in an audit of the division, according to people familiar with the situation.
With the Senate set to reconvene this week, the insurance industry is stepping up its efforts to encourage members of the Banking Committee to support a comprehensive study into whether brokers should be forced to adhere to a fiduciary standard.
A California couple has filed suit against The Variable Annuity Life Insurance Co., an American International Group Inc. subsidiary, claiming that the company's sales agents misled investors about the tax advantages of using variable annuities in qualified retirement plans.
As the clock wound down on the Federal estate tax late last year, some financial advisers and attorneys saw an opportunity for their high-net-worth clients in this extremely muddled situation.
Suddenly the Federal Reserve is everybody's punching bag.
The upset election last week in Massachusetts of Scott Brown to the Senate will have a more modest impact on financial services regulatory-reform legislation than on health care reform.
In a rarity, an arbitrator last month cited elder abuse in tripling the damages a discount securities firm must pay a 95-year-old client.
