Enforcement: SEC Wins Anti-Fraud Case Against Miami; Stock ‘Whiz Kid’ Busted
A “stock trading whiz kid” agrees to pay nearly $1.5 million to settle charges of defrauding newsletter subscribers; more
Registered Advisors Hit by More State Enforcement Actions in 2015: NASAA Survey
NASAA’s just-released enforcement survey notes high percentage of frauds were perpetrated in 2015 through the internet and via CPAs and lawyers.
Ignore These 7 Climate Change Factors at Your Portfolio’s Peril: BlackRock
Financial advisors should add climate change to the list of factors they consider when thinking about portfolio risks, said BlackRock’s Richard Turnhill.
HNW Individuals’ Lax Security Easy Target for Fraud
Executive impersonation is up more than 100% in the past 6 months, David Stender of M&T Bank says.
Bill to Replace Dodd-Frank Passes House Panel
Democrats charge that Rep. Jeb Hensarling’s Financial CHOICE Act would hurt investors by dismantling the CFPB.
Global Investors Hike Cash Levels in September: BofA Merrill Lynch
Forty-two percent of global investors said high cash levels were a “bearish view on markets.”
7 Questions Advisors Should Ask After a Data Breach
The Consumer Federation of America created a checklist to help companies determine what to do after a data breach occurs.
Online Lenders Face Increased Scrutiny
More regulation, higher costs could drive consolidation of traditional and online lenders, according Funding Stream's Russell Walraven.
10 Common Financial Mistakes College Freshmen Make, and How to Avoid Them
Remind your clients with kids in college that those 'first years' should establish good habits from the beginning, especially when it comes to their money.
Gundlach: Time to Be ‘Defensive’ With Bonds
DoubleLine executive says the Fed seems determined to raise rates, which are “sort of rising already.”