Taking Sides: Will Wall Street’s Generosity to GOP Continue?
In the 2008 presidential race, Barack Obama had a substantial edge over John McCain in raising money from Wall Street. That advantage has not only evaporated for the president in the current race, but has reversed dramatically.
SEC, FINRA, DOL Enforcement Roundup: Investing Website Exposed as $600M Scam
A CEO who fed inside tips to a pro baseball player and an investment website running a $600 million Ponzi scheme were among those charged by the SEC recently.
20 Best Big Cities for Successful Aging
Far from a list of Florida cities with cheap eats, the Milken Institute rankings tally 78 variables on metropolitan regions, with surprising results.
Genworth Launches Trust Business for Indie Advisors
Advisors worried about losing client assets to corporate trustees seek relationships with firms who will support their primary relationship with clients, says Genworth’s Brad Wheeler.
Patton’s Fund Picks, Pt. 4: TIPS and Mortgage-Backed Funds
In this fourth post on my favorite mutual funds, we take a look at inflation-protected securities and mortgage-backed securities funds.
BDs Beware: Social Media Privacy Laws May Conflict With FINRA Rules
“Legislation that limits access to social media information may pose significant challenges for a large number of broker-dealers,” lawyers from Sutherland Asbill & Brennan wrote in a Law360 article.
Earth, Water and Fire
The search for natural gas and oil found through the process known as hydraulic fracturing, or fracking, is fraught with controversy.
10 Best Tax States for Small Business
Looking for the best tax states for a business start-up? The Small Business & Entrepreneurship Council releases its business tax index for 2012.
Top 10 Most Expensive States for Long-Term Care Costs: 2012
Those anticipating a need for LTC might want to steer clear of these states if they want to keep costs down.
President Paid 20% in Taxes, Calls for Higher Rates on Rich
In what is sure to fuel conservative critics, the White House announced Friday that Barack and Michelle Obama paid an effective federal tax rate of 20.5% on income in 2011.