SEC Enforcement: Fund Manager Bilked Clients to Fund Kids’ Clothing Stores, Tavern
In other SEC actions, a judge barred an investment manager for placing false ads in magazines and newsletters.
IRS’ Top 12 Tax Scams: 2014’s Dirty Dozen
The spring tax season is a lucrative one for scam artists who prey on both unwary victims and complicit tax evaders.
The Expat Life: Helping Clients Retire Overseas
The trend of Americans retiring in foreign countries to live more comfortably opens a new frontier for advisors.
Obama’s MyRA Plan Still Irks Some Retirement Planners
Reactions to the proposal ranged from "a step in the right direction" to missing the point to "a bad idea."
How the IRS Can Ruin Your Retirement
Day-to-day life for U.S. citizens overseas is burdened by the difficulty of ordinary financial transactions and increasing tax reporting requirements.
Advisors for the Financial Side of Divorce
Divorce-related financial advice is a growing niche, diverse in practices and philosophies.
FINRA Bars Brokers for Fleecing Elderly Widow
The two brokers took $300,000 from a widow with diminished mental capacity, FINRA said.
The Business of Running a Home: Why Employment Practices Liability Insurance Matters
High-net-worth business owners and executives protect their companies but often fail to adequately protect their homes and their families.
SEC, FINRA Enforcement: Advisor to NFL, NBA Players Barred Amid Fraud Case
FINRA banned a former advisor to athletes, like Brandon Knight of the Detroit Pistons, after he skipped a hearing in an $18 million fraud case.
Wire Transfer Fraud Threat Is Very Real, Says Tom Giachetti
It's real, dangerous and often overlooked by advisors. Where are regulators and law enforcement officials? “There’s not a whole lot they can do,” he says.