Online Donations Surged in 2012
Online donations to U.S. nonprofit groups are growing much faster than other types of gifts, according to new research by The Chronicle of Philanthropy.
Your Clients and Their Children: The Problems With Joint Bank Accounts
Some of your older clients might want to make their bank accounts into joint accounts with their children. Understandable, but perhaps not wise.
Firm Accused of Bilking NFL, NBA Players
FINRA said Thursday that it had levied a temporary cease-and-desist order against Success Trade Securities and its CEO for fraud involving 58 investors, many of them current or former NFL and NBA players.
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.