Portfolio

The Securities and Exchange Commission on Wednesday announced a settlement with broker-dealer Raymond James Financial involving $350 million worth of auction rate securities which the regulatory agency claimed were marketed and misrepresented by the firm's reps as “safe, liquid alternatives” to money market funds and other highly liquid investment vehicles.

U.S. retirement assets rose 3% from year-end 2010 to $18.1 trillion as of March 31, the Investment Company Institute said.

While France has devised a plan to roll over Greece’s debts, and the Greek parliament -- in the face of a national strike and major protests -- just passed austerity measures requested by the European Union, these early signs that worst of the Greek debt crisis is over doesn't mean investors can relax and assume all is well.

The world’s top foreign exchange dealers are working on an industry-wide initiative to reduce the risk of a Flash Crash hitting the global currency markets.

The wave of share buybacks by public companies, which took off in the first quarter of 2011 when companies bought back nearly $90 billion shares, is continuing with buybacks through June 3 totaling $263 billion, up from $164 billion by the same date last year.

While France has devised a plan to roll over Greece’s debts and the Greek parliament -- in the face of a national strike and major protests -- just passed austerity measures requested by the European Union, these early signs that worst of the Greek debt crisis is over doesn't mean investors can relax and assume all is well.

After a brief recovery in May the State Street Global Investor Confidence Index fell back below 100 in June, losing 5.1 points to settle at 99.2.

In the first of a two-part series, Adam Moseley, managing director of Schwab Advisor Services' technology consulting group, explains how RIAs can get the most out of their IT investments.

In a recent survey of nearly 3,300 working Americans to determine current levels of retirement preparedness, Putnam Investments identified three key variables that boost workers’ retirement savings, regardless of their income: consistent, long-term saving, access to financial advice and workplace savings plans.

Memories of the 2008-2009 market crash are keeping Baby Boomers from investing at a time when many are fearful they'll outlive their retirement savings, according to a new survey by Allianz Life Insurance.