FSI Chair Blasts White House Fiduciary Memo as ‘Offensive’
FSI Chairman and Cetera President Antoniades says the memo's "ignorance" is "frankly offensive"; FSI also says it’s fighting FINRA's CARDS plan.
Andy Friedman: 7 Dates That Will Force Congress to Act
Speaking at FSI OneVoice, Friedman says seven "forcing events" will lead Congress to act, despite otherwise continued "split government" in Washington.
Enforcement Roundup: Wells Fargo, JPMorgan Slammed Over Mortgage Kickbacks
Meanwhile, the SEC charged a Fort Lauderdale-based advisory fund manager and his firm with running a Ponzi scheme to buy jewelry, cars and a house.
Obama’s State of the Union Financial Proposals Draw Praise, Criticism
Industry trade groups and lawmakers were quick to weigh in on Obama's plans, or lack thereof, on cybersecurity, Dodd-Frank, taxes and entitlement reform.
10 Best Cities for Jobs: 2015
Workers have more options, but where are the top places to look for employment?
Swiss Franc Move: What Does It All Mean?
The surprise decision by the Swiss National Bank demonstrates how suddenly and unexpectedly major market moves can occur.
GOP Thwarts Rep. Waters’ Effort to Add User-Fees Bill to Dodd-Frank Package
GOP lawmakers blocked the user-fees bill aimed for the Dodd-Frank rollback package that passed the House on Wednesday.
Gundlach: Low Oil Prices Mean ‘Collapse’ in Hiring, Spending
“I bet you dollars to doughnuts, oil doesn’t go up,” the DoubleLine CEO says.
How Meredith Whitney’s American Revival Fund Sputtered in Debut Year
Whitney’s American Revival Fund started investing in heartland stocks in November 2013, and by last October her main backer asked for its money back.
How to Invest When Cash Pays Nothing, Dollar Is Strong and Oil Prices Are Sagging
I’ve been buying stock ETFs on dips and backstopping them with trailing stop orders, but is that enough?