SAC Capital Pleads Guilty, Will Pay Record $1.2 Billion Penalty
The penalty is on top of the $616 million in insider trading fines that SAC agreed to pay earlier this year.
SEC, DOL, FINRA Enforcement: SAC Capital Could Plead Guilty
Among other recent enforcement actions, DOL retrieved $1.6 million for Sunkist employees and FINRA fined and censured Scottrade.
Shutdown Plays Havoc With Federally Funded Nonprofits
For example, the federal Women, Infants and Children food program is set to start cutting off food to low-income mothers and children.
Web Expert Unveils Social Media’s Untapped Client Riches
Clara Shih is on a mission to help advisors win new clients, build stronger relationships with current ones and bolster their brands via “social selling.”
Krugman: Obama’s Economic Policy a ‘Horrifying Failure’
The rapidly approaching fifth anniversary of the Lehman Brothers bust is bringing with it reflections of how far we have, or haven't, come.
Same-Sex Marriages Now Recognized for Federal Tax Purposes
The IRS ruling applies regardless of whether a couple lives in a jurisdiction that recognizes same-sex marriage or in one that does not.
Specter of Fed Chairman Summers Yields Pessimism, Uncertainty
No one knows what "Larry might do," says PIMCO's Mohamed El-Erian.
In a Watershed Year for Fiduciary Standard, Reviewing the Arguments
At the start of Fiduciary September, a reminder on what’s at stake for advisors and investors. Is it time for a feistier fiduciary standard?
Obama Lobs College Affordability Bomb as Congress Gears Up for Budget Talks
President Obama hit the road last week to promote his new college affordability plan, just weeks before the budget battle begins anew.
Some Charitable Causes More Deserving Than Others, Bioethicist Contends
“To me it seems clear that there are objective reasons for thinking we may be able to do more good in one of these areas than in another,” Peter Singer writes...