Bernie Madoff: Making Your Job Harder—The 2015 IA 35 for 35
Five years after Bernie Madoff was sentenced to 150 years in prison for conducting the biggest Ponzi scheme in history, investor confidence still hasn’t fully recovered.
The 2015 IA 35 for 35
These advisor advocates, investors, politicians and thought leaders have stood out over the past 35 years and will influence financial services for decades to come.
Enforcement Roundup: Madoff Recovery Total Hits $10 Billion
Meanwhile, the SEC suspended trading of four companies over concerns about their Ebola remedy prospects.
New Hire Roundup: John Mendez Nominated to Be SIPC Chairman
In another personnel move, Craig Anzlovar has joined Pioneer Investments as fixed income client portfolio manager.
Kotlikoff: Investors at Risk of Wipeout, SIPC a Fraud
Economist Laurence Kotlikoff says all Americans should close their brokerage accounts immediately because of what he calls a massive insurance scam by the SIPC.
SEC Adopts Stricter BD Custody Rules
The new rules for BDs will provide “important additional safeguards” for investors, according to SEC Chief Mary Jo White.
Lehman Agreement Paves Way for 100% Return of Customer Property: SIPC
SIPC announced that about $38 billion in claims relating to the Lehman Brothers liquidation proceeding will be resolved and the way paved for a 100% return of customer property under an agreement reached Friday.
Nearly $2.5 Billion Mailed to Madoff Victims
Nearly $2.5 billion in checks were mailed Wednesday to victims in the liquidation of Bernard L. Madoff Investment Securities, according to the Securities Investor Protection Corp.
New Hire Roundup: Putnam Adds Three; Wagner Retires From BlackRock, Joins Board
This week in new hires, David Scheetz, Edward Deeds and James Axford joined Putnam Investments; and Susan Wagner retired as vice chairwoman of BlackRock and was named to its board.
Allen Stanford and Jon Corzine: The 2012 IA 25 Extended Profile
Allen Stanford and Jon Corzine: two names that have come to occupy the same sullied space as Bernie Madoff.