10 Women Who Are the Wealthiest People in Their States
A fifth of the states have a woman as their richest resident, a Forbes list shows.
Now You Can Get Married, Gay or Not. Here’s What You Gain — and Lose
Now that same-sex marriage is legal nationwide, gay couples, and anybody else thinking about marrying, also bear some often-overlooked costs and responsibilities.
SEC Enforcement: Fantasy Sports-Style Investing Site Gets a Little Too Real
Meanwhile, Massachusetts-based Interinvest Corp. and its owner funneled more than $17 million in client assets into four troubled Canadian penny stock companies, the SEC says.
10 More Wealthy Donors Take the Giving Pledge
The global Giving Pledge initiative created by Warren Buffett and Bill and Melinda Gates has grown to 137 signatories.
Craigslist Ponzi Scheme Snares Retired Teacher: State Regulators
Regulators in Massachusetts and Alabama issue cease-and-desist orders against Premiere Asset Management for orchestrating a Craigslist-based scheme.
DOL Fiduciary Rule Out by May 2016: Lawyer
DOL must finalize a rule in the next year in order to implement it before another president takes office, ERISA lawyer Steve Saxon says.
SEC Enforcement: Court Fines Advisor for Misleading Clients Into Switching Firms
Meanwhile, SEC charges four with posing as portfolio managers to steal inside information and then trading on it.
DOL Shouldn't Rubber-Stamp Waivers for Guilty Banks, Democrats Say
Sen. Warren and others want DOL to hold a hearing on waivers requested by four megabanks to remain “qualified professional asset managers” despite guilty pleas.
SEC: Intrastate Crowdfunding Rules Predate Internet, Need an Update
The SEC wants to modernize the rules that govern state-based crowdfunding in order to make intrastate offerings easier, Chairwoman White says.
Day Trader Inspired by ‘Holy Spirit’ Accused of Bilking Church Members
Massachusetts authorities say a church elder targeted congregation members with a "divine" day-trading system.