12 Best & Worst Broker-Dealers: Q4 Earnings, 2013
Some of Wall Street's major players haven't been able to turn their results around, but others are putting their troubles behind them.
Legal Woes Drag JPMorgan Profits Down 7%; Wells Net Jumps 10%
Though both banks report weaker sales in Q4, JPMorgan faced some $1 billion in legal and other expenses in the fourth quarter.
Institutions Using More Hedge Funds Since Lehman Crash
Rarely thought of as risk reducers by the general public, hedge funds are a big draw for institutions seeking to, well, hedge.
SEC Skates in Madoff Case
Ruling deals a final blow to investors who claimed negligence on the part of the regulatory body.
DOL, SEC, FINRA Enforcement Roundup: DOL Recovers $43 Million for Madoff Victims
Among other recent enforcement actions were SEC charges against two Connecticut-based hedge fund managers and their firms for fraud.
Was Madoff a Ponzi?
Dec. 11, 2012 marked the four-year anniversary of when Bernard Madoff’s multi-billion dollar heist was exposed.
The Top Wealth Managers 2012 Profiles: No. 5—Central Registered Investment Advisors
At No. 5 on the list of Top Wealth Managers: Central Registered Investment Advisors, providing a level of comfort for its client base.
5 of History’s Brazen Crooks Who Defrauded Markets
Remember Ken Lay? Probably. Remember Alves dos Reis? Probably not, but he nearly bankrupted a country in 1925.
Stanford Sentenced to 110 Years
R. Allen Stanford was sentenced to 110 years in prison on Thursday after orchestrating a $7 billion international fraud that fueled an illicit lifestyle while bilking investors.
In FSI Testimony Before Congress on SRO, a Call for a Level Regulatory Field
In voicing support for HR 4624, FSI believes an advisor SRO will close an unacceptable regulatory gap that leaves investors exposed to potential fraud and abuse at the hands of unscrupulous investment advisors.