John Thomas Financial spots, then hires unemployed Ph.D; 'ask me for my resume'
Limited to companies that have drawn the ire of protestors
A Financial Industry Regulatory Authority Inc. hearing officer on Wednesday expelled Pinnacle Partners Financial Corp. and barred its president, Brian Alfaro, for alleged fraudulent sales of oil and gas private placements.
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.
According to a plan being hatched by the overseers of the bankrupt MF Global Holdings Ltd., three of its highest-ranking executives would receive big bonuses to help with the process of winding down the firm.
The MF Global Holdings Ltd. executives who oversaw the company before it failed last year should get bonuses this year if a bankruptcy court approves, said Frank Piantidosi, an adviser working with the trustee, Louis Freeh.
Investors have fared far better under Democratic administrations; cause-and-effect or coincidence?
Giddens sees large gap between what is owed to customers and what's in the till
A majority of financial advisers don't support the Occupy Wall Street movement, but they are more evenly split when it comes to the broad themes espoused by the protesters: imposing higher taxes on the wealthy and tougher regulations on big banks
Despite the perfect storm that has capsized some smaller B-Ds, the largest indie B-Ds have seen their revenues rise for the second straight year, according to the new <i>InvestmentNews</i> B-D rankings.
The central truth of the investment business is that investment behavior is driven by career risk.
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
About eight months ago, a recently divorced friend called me in a panic. John and his ex-wife, Mary, as I'll call them for the sake of privacy, were sorting out their financial affairs and realized that there was little money available to pay for college for their only child, who will be heading off to school in 2013.
Elderly couple awarded $1.4M for claim over tenant-in-common exchanges; were seeking $8M
At $6B, Margaret Cargill top donor in U.S. in 2011; Michael Bloomberg, George Soros also big givers
