The following is an investment strategy column by Jeffrey D. Saut, managing director at Raymond James & Associates Inc.
A Framingham, Mass., man has been indicted on charges he ran a $29 million Ponzi scheme that cheated around 130 investors.
Just 28% of those surveyed knew that the market was up last year, while another 6% were unable to say whether the stock market was up, down or flat.
Longtime Merrill Lynch adviser Shele Danishefsky Covlin was issued an order of protection against her estranged husband just days after filing for divorce
Thinking of starting your own practice, re-locating, or opening up another office? Before you set up shop, here's the rundown on the most expensive cities in the country for office space.
Finra wants member firms to be wary of brokers who produce consolidated statements for clients.
A broker at HighTower Advisors LLC, the startup with the sterling pedigree, has been sued over the sale of private notes into a feeder fund for what turned out to be a massive Ponzi scheme.
As big investment banks prepare to report first-quarter earnings this month, many analysts are lowering their forecasts in light of weaker-than-expected trading by investors in February and March.
This morning, after almost a year of heated debate, the President has achieved his goal of a major reform to the health care system.
On Tuesday the Federal Reserve's Open Market Committee holds its second meeting of the year to consider the direction of monetary policy.
Participants in 401(k) plans do not want the government to require them to convert a portion of their 401(k) assets to annuities, according to the results of a survey of about 3,000 households released today by the Investment Company Institute.
Federal regulations and legislation that would make it easier for defined-contribution plans to include lifetime-income products are expected to be introduced next year.
Encouraging employers to offer annuities in pension plans will be one of the Labor Department's top regulatory goals in 2010.
The Labor and Treasury departments are discussing jointly submitting a request for comment from members of the retirement income industry to determine if there needs to be regulation of the market.
Some 41% of employees said they want more professional advice to help manager their 401(k) assets, but only 35% of employers currently offer retirement planning sessions
Unannounced exams of advisers — based on tips and complaints — are replacing pre-planned visits, says compliance big at securities regulator
Wells Fargo had accused the firm of poaching brokers from A.G. Edwards, but both sides now say a deal ending the squabble looks likely
The investment advice regulation for 401(k) plans recently released by the Labor Department offers more than proposed guidelines for making advice available to retirement plan participants.
The Supreme Court's unanimous decision in Jones v. Harris may seem to be a setback for mutual fund shareholders who think that the fees charged by many fund companies are too high.
The cost of settling securities class actions increased by 35% last year, according to a report released last month by Cornerstone Research.
