Legal

Missouri Secretary of State Robin Carnahan says brokerage firm A.G. Edwards has reached a $755,000 settlement with the state of Missouri.

Illinois should create a second, lower-cost retirement plan for government employees, even if it triggers a legal battle.

The NFL and its players resumed court-ordered mediation Tuesday with a federal judge's decision expected soon on a request to immediately halt a lockout now in its second month.

"ASPPA and the National Tax Sheltered Accounts Association (NTSAA) express concern with regard to how the application of proposed new rules 15Ba1-1 through 15Ba1-7 under the Securities Exchange Act of 1934, will impact retirement plan professionals who work with governmental sponsored retirement plans."

Each year, the IRS publishes a list of a dozen tax scams to look out for — and this year, abusive retirement plans made the cut.

Former state comptroller Alan Hevesi was sentenced Friday to one to four years in prison for his leading role in influence-peddling at the state's massive pension fund.