Practice

Plans are currently underway to create a new commodities exchange in Hong Kong, potentially giving China a larger role in setting the world’s petroleum prices and adding to the reputation it craves as a global, economic powerhouse.

In light of the crisis of confidence in rating agencies following the subprime crisis, the Securities and Exchange Commission will diminish the importance of money market fund managers’ reliance on such agencies when investing in short-term debt.

The Supreme Court's recent decision in LaRue v DeWolff to permit workers in 401(k) plans to sue administrators for high fees will inevitably lead to lower fees-and the end of the retail mutual fund industry's dominance of the market. That's the strong opinion of widely quoted, and frequent financial TV guest Ric Edelman.

By now, investors are accustomed to the creative, informal "Talk to Chuck" advertisements of Charles Schwab & Co. in which animated, yet somewhat realistic, images of people gripe about trying to get through to other brokers, but take heart at the thought of reaching Chuck Schwab, the man, through one of his people.

The recent mortgage market crisis has opened a Pandora's box of white-collar cases probed by the U.S. attorney’s Eastern District office.

When an employee leaves a firm, can they take their client list with them to their new job?

According to recent analysis by Watson Wyatt Worldwide, a leading global consulting firm, defined benefit pension plans tend to have higher rates of return than 401(k) plans.

The Supreme Court’s recent decision in LaRue v DeWolff to permit workers in 401(k) plans to sue administrators for high fees will inevitably lead to lower fees—and the end of the retail mutual fund industry’s dominance of the market. That’s the strong opinion of widely quoted, and frequent financial TV guest Ric Edelman.

The Securities and Exchange Commission announced Thursday that it would be releasing $103 million to investors who have lost money involving Banc of America Capital Management LLC (BACAP) and affiliates’ illegal and unethical activities.

A shocking lack of financial knowledge by our nation’s teenagers has caused a junior achievement organization and an association of retired teachers to band together to help bridge this gap.