El-Erian on Cyprus: ‘Europe Lit Two Sticks of Dynamite’
Bond chief says the island's plan to tax bank deposits risks social unrest.
Switzerland and FATCA: Broader Effects
While it would change some of Switzerland's business practices, the country’s acceptance of international standards would be to its advantage
FINRA Slaps Ameriprise for Rep’s Wire Transfer Fraud
FINRA said Ameriprise and its clearing firm missed several red flags, including transfers to accounts in the broker's name.
SEC Enforcement Roundup: $300M Resort Scam Leads to Rum-Soaked Investment
Among other enforcement actions this week, the SEC charged five former real estate executives in a $300 million Ponzi scheme involving phony investments in resorts. The spoils went toward boats, planes and a rum distillery.
SEC, FINRA Enforcement Roundup: Allianz, TheStreet Charged
Among recent enforcement actions taken by the SEC were charges against Allianz for violations of the Foreign Corrupt Practices Act that resulted in penalties of more than $12.3 million; against a Connecticut-based advisor for telling clients it was investing in the same collateralized debt obligations it recommended for them; against...
The Dangers of Too Much Liquidity
Which is better, a lump sum or an annuity?
SEC Enforcement Roundup: Hedge Fund Manager Fined $44 Million in China Scheme
Among recent enforcement actions taken by the SEC were charges against a Miami-based entrepreneur for defrauding investors.
SEC, FINRA Enforcement Roundup: Fund Execs First to Face Charges of Overvaluing Assets
Three top executives of KCAP Financial Inc., a New York-based publicly traded fund being regulated as a business development company, have been charged by the SEC with overstating the fund’s assets during the financial crisis.
a complaint against the president and owner of a Polish-born brokerage firm for targeting the Polish...
Charles Biderman, Jeremy Siegel and Others on Today’s Market: Ground Floor or Precipice?
One fund exec who's held 80 meetings with advisors since April says they all ask the same thing: How do I get my clients out of cash and bonds?
SEC, FINRA Enforcement Roundup: Former Billion-Dollar Hedge Fund Advisory Firm, Execs Slapped
Citigroup, Merrill Lynch and Natixis were among those sanctioned by the SEC and FINRA this week.