Practice

Investor confidence among millionaire rose to its highest level in more than two years as optimism about the economy increased.

Most of the trades involved a single penny-stock company.

Sen. Kohl applauds DOL, SEC providing more information to employers and investors alike.

The Department of Labor announced that beginning in August, it will require asset management firms to provide further information on the risks and benefits of investing in target-date funds, including details on their glidepaths, to employers and employees.

Seven of 10 employed individuals have given up on the idea of retirement, according to the 2010 EBRI Retirement Confidence Survey.

Seven of 10 workers expect they’ll need a job in retirement; only 23% of retirees currently have jobs.

Bernie Madoff's legacy is still influencing the regulatory community.

As many single family offices remain concerned about their long-term sustainability, money is pouring into multi-family offices, according to the Family Wealth Alliance.

WASHINGTON—The Treasury Department released interim guidance yesterday instructing municipal issuers how to issue four tax-credit bonds as direct-subsidy bonds, as was authorized by a jobs law enacted in March.

The Newsweek correspondent said “Obama is trying to rally populist sentiment against Wall Street."