Most participants did not believe that the process was fair to all parties and were not satisfied with the outcome.
The Senate is planning to vote on a $160 billion version of the stimulus bill tomorrow.
Two of the biggest blowups in the retail-investing business are wending their way through legal channels, with plaintiff's attorneys looking far and wide to place blame in order to win money for clients.
Treasury Secretary Henry Paulson this morning expressed optimism that a temporary growth plan can be enacted quickly.
The Financial Industry Regulatory Association encourages investors to check on the professional backgrounds of brokers by using its BrokerCheck system.
About 21 million taxpayers will be spared the AMT for 2007 after the House approved an "AMT patch."
The House approved legislation that would shield millions from the AMT by raising taxes on hedge fund managers.
“This bill will shed light on the 401(k) selection process and give Americans more control over their retirement future,” Sen. Tom Harkin said.
The SEC wants to give smaller companies more time to comply with section 404, Chairman Christopher Cox said this morning.
Legislation "is intended to cover disputes between investors and securities brokers,” Sen. Feingold said.
A stunning $4.6 million award against UBS Financial Services Inc. and two of its brokers late last month revealed how irate the arbitrators were with UBS.
The Senate approved a bill that would prevent 19 million middle-class taxpayers from paying the AMT this year.
The rep claimed ex-colleagues spread lies about him, saying that he was headed toward a nervous breakdown.
Legislation allowing donations from IRAs to individual charities will not include donations to donor-advised funds.
Regulators have asked local banks and foreign banks’ Chinese subsidiaries to ensure that loans at year’s end do not exceed the total outstanding by Oct. 31.
The IRS could miss its early season filing peak if Congress waits until December to complete its tax bill.
A bill that would protect 21 million taxpayers from paying the AMT “will not become law,” said the congressman.
Senior official says SEC has formed a working group to look into “rampant” insider trading among Street pros.
After his business fell apart, Ed May asked a former client to put money into a new set of investments.
The regulator said it would give temporary leeway to firms affected by the California wildfires.
