Karen DeMasters

Online Meeting Place Launches For Investors, Entrepreneurs

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The Global Angel Investors Network has created a Web site to bring together venture capital money and entrepreneurs who think they have the next great business venture, the network announced.

U.S. Investors Stick To Safe Investment Choices, Study Shows

by FA Staff

Despite gains in the stock market, a majority of U.S. investors are going to invest more conservatively, Franklin Templeton says.

FPA, Foundation Team Up On Pro Bono Work

by FA Staff

The FPA and The Foundation for Financial Planning today announced they will partner to expand the pro bono they provide to people in need of financial services.

Judge Orders $147 Million Returned In Convention Center Scheme

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A federal judge has ordered $147 million returned to people who thought they were investing in a Chicago convention center and paving their way to immigrate to the U.S. from China.

Seniors' Household Median Net Worth Drops 13 Percent

by FA Staff

The median net worth for householders 65 and older dropped by 13 percent in the five years between 2005 and 2010, according to the U.S. Census Bureau.

SEC Requiring Financial Advisors To Fight Client Identify Theft

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The SEC now requires that many financial advisors be ready to take action if they see their clients may be threatened by identity theft.

SEC Commissioner: Product Complexity Breeds Corruption

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More Americans are entrusting their savings and retirement assets to the investment advisory industry, possibly because of the growing complexity of investment products, SEC Commissioner Luis A...

Young Investors Admit To Little Financial Know-How, Study Says

by FA Staff

The majority of Gen X and Gen Y admit to having little or no knowledge about financial products and services, according to a new study.

SEC Charges Investment Manager With Lying

by FA Staff

The SEC has charged the owner of Simran Capital Management, a Chicago-based investment advisory firm, with lying to the California Public Employees' Retirement System (Calpers) about the amount of...

Investor Confidence Growing

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The percentage of investors who feel they are in good shape financially jumped drastically from six months ago, according to a new study by UBS Wealth Management Americas.