LPL Gets a $30/Share Price for Its IPO
The underwriters for LPL Financial, the largest independent broker-dealer, late Wednesday priced its initial public offering of stock, set for Thursday, Nov. 18, at $30/share.
FPA Announces Oct. 9-12 Annual Conference Keynote Speakers
The Financial Planning Association has announced the three keynote speakers who will share their global and domestic financial perspectives at the FPA's October 9-12 annual conference.
A 12-Step Program for Wall Street?
Some Wall Street firms are being investigated for conduct that does not comport with good business practices but rather the basest forms of self dealing, or allegedly, worse. Maybe Glass-Steagall was a good idea after all.
Criminal investigation reported for Goldman Sachs
It is widely reported that U.S. prosecutors are looking into the mortgage trading activities of Goldman Sachs Group and its employees. The New York Times...
Class Action Lawsuits on 401(k)s
Investors in 401(k) plans who are frustrated by proprietary funds, opaque high fees, revenue sharing and sub-par performance are starting to get overtures from lawyers who are gathering investors for class action suits against 401(k) providers.
House Passes Health Reconciliation Bill
The House of Representatives passed the long and bitterly debated Bill that will change the way health care is provided in America.
The Battle for 401(k) Accounts
Powered by Standard & Poor's MarketScope Advisor Judging by the numbers, there has been no decrease in the investing public's appetite for exchange traded funds: ETF...
Why Shouldn't Investors' Best Interests Come First?
Are Senators strong enough--and do they have enough integrity--to stand up on behalf of retail investors and insist on extending the fiduciary standard to cover those who provide advice to retail investors?
Boomers lead movement into bonds
Investors could be setting themselves up for heartbreak though. John Lonski, a Moody's economist, told the Journal that investors' need to put cash in safe...
The new tax reform train wreck
Your choice of affiliation model could soon be wirehouse, independent, bank or ... the federal government. We've learned to take at least one White House...