by
Jeff Schlegel
A new Massachusetts law aimed at protecting personal information could ultimately require
financial advisors to boost their security measures to protect client
data.
Changes to the SEC's rules about custody of client assets go into
effect in two weeks, and advisors say they are still trying to figure
out how to comply with them.
The U.S. government has proposed regulations designed to
enhance transparency for millions of workers covered by 401(k)s,
pensions and other retirement plans.
Investors seeking safety have been pouring cash into bond funds-but,
when it comes to exchange-traded funds, they run the risk of limiting
their gains or magnifying their losses.
by
Dorothy Hinchcliff
Coffee producers say they are getting hammered by global warming, with
higher temperatures forcing growers to move to prized higher ground,
putting the cash crop at risk.
by
Karen DeMasters
Walmart, among the world's largest retail chains, has set a goal of eliminating 20 million metric tons of greenhouse gas emission from its global supply chain by 2015.
Morgan Stanley's suit against employees who left to join HighTower Advisors and its regulatory complaint against the firm are being called a power play to make brokers think twice about leaving.
by
Dorothy Hinchcliff
A former financial advisor, father of at least nine children and a two-time Tennessee state house candidate has been charged with operating a Ponzi scheme involving tax liens.
Investors-many with the blessings of their financial advisors-have shifted their assets from the Wall Street financial institutions to
the little guys on Main Street.
The quarterly report of a French chemical company shows that the firm gets roughly a quarter of its profit from what it has agreed not to do: pollute.
by
Evan Simonoff
LPL Financial reported today that its net income for 2009 rose 4.4% to $47.5 million, up from $45.5 million in 2008.
by
Ray Fazzi
Legg Mason Inc. has filed an application with the Securities and
Exchange Commission to launch actively managed exchange-traded funds,
according to published reports.
As TFS Capital kills off the most aggressive
performance-based fee structure in the fund business, it sends notice
that true performance-based fees may be dead.
Dangling an offer for commission-free trades is a common tactic in the
war to win market share in the exchange-traded fund business.
Financial advisors can draw on psychology and technology to help investors overcome their desire for instant gratification.
Concerns about the possible reclassification of certain registered
representatives as employees have reignited in the wake of President Barack Obama's proposed 2011
budget.
A government move to make U.S. single-family offices register as
investment advisors shows how the interests of the super-wealthy are
cast aside when they run up against populist measures.
Long used for estate sales, wealthy individuals are turning to auctions to sell jewelry, antiques and other valuables.
Buying an annuity confronts families with a dilemma: Should a parent
take smaller monthly payments so that their surviving spouse or
children can get some sort of inheritance?
An arbitration panel has ordered a Memphis-based brokerage to pay an investor $2.5 million for losses
associated with several bond funds that made bad bets on
mortgage-related holdings.
