Illinois
Get the latest news and insights on financial regulations, enforcement actions and litigation in Illinois.
Black Edward Jones Advisors Are Set Up to Fail, Class-Action Suit Alleges
By Dinah Wisenberg BrinWhite financial advisors receive better asset transfers and compensation, according to a suit by six former advisors.
October 31, 2024
Millionaire Tax Vote Opens Door to New Clash Over Chicago WealthIllinois voters will weigh in on a proposed extra levy of 3% on annual incomes of over $1 million that aims to lower property taxes.
May 01, 2024
15 U.S. Cities Where It Takes the Most Income to Be Middle ClassIn six cities, a household can bring in more than $300,000 and still fit the definition, SmartAsset found.
January 18, 2024
Ex-Citi Advisor Charged With Fraud in Film Investment SchemeHelen Caldwell solicited clients to invest in her movie projects and spent their money on herself, prosecutors say.
September 06, 2023
10 States the Young and Wealthy Are Fleeing: 2023Here's where high earners age 26-35 are leaving faster than they can be replaced, according to SmartAsset.
June 26, 2023
12 Best States for Millennials to Live: 2023A new study from WalletHub shows where millennials are thriving and where they are struggling.
May 25, 2023
Ex-Edward Jones Rep Sentenced to 2 Years in Prison for Scamming ClientsThe former broker took nearly $800,000 from clients, prosecutors said.
December 13, 2022
NAIC to Spotlight Annuity Sales Standard Update Gray ZonesThe list of states without updates includes Florida and Indiana as well as California and Oregon.