Legal

Federal regulators are moving ahead with a rule that would ban banks from trading for their own profit. But they offered to consider adjustments after lawmakers expressed concerns that restrictions could hurt the economy.

Chad Parks founded his company in 1999 with one goal in mind, to make 401(k) plans accessible to small businesses. As the industry enters 2012, the CEO of The Online 401(k) believes there are five changes afoot in the 401(k) marketplace that will play a pivotal role in the industry...

The government is setting what it calls an ambitious goal for Alzheimer's disease: Development of effective ways to treat and prevent the mind-destroying illness by 2025.

In a move that may be a bad sign for the economy, Americans are spending more, and raiding their savings, college and retirement accounts to do so even as they take on more credit card debt.

The CBO found that raising the Medicare eligibility age or the early or full eligibility age for Social Security would reduce federal spending and limit the number of people with access to health insurance.

In prior entries, we have discussed a variety of issues related to the fee disclosure responsibilities of broker/dealers and financial advisors. This month, well address the impact of the 408(b)(2) disclosure regulations on third party administrators.

The economists and staff at the Securities and Exchange Commission who are responsible for performing a more detailed cost-benefit analysis on the agencys rule to put brokers under a fiduciary mandate plan to ask the public to weigh in.

E*Trade Securities LLC has agreed to return up to $20 million to California investors over allegations that the company misrepresented auction rate securities to investors as safe, cash-equivalent products, even though the products faced increasing liquidity risk.