sec
Regulators are warning the public to be wary of social media sites that could be offering bogus investment schemes. The warning follows civil charges filed by the Securities and Exchange Commission against an Illinois-based investment adviser who tried to sell fraudulent securities through Linkedin.
L.A. Radio Host Charged With $20 Million Ponzi Scheme
1:05PM 12/09/2011
An Iranian-American businessman who hosted a popular Persian language radio show called Economy Today has been indicted on charges that he robbed investors of $20 million in a Ponzi scheme than ran for six years.
Facebook may finally be ready to go public in the second quarter of 2012. At an estimated valuation of $100 billion, the social networking giant is probably no longer a ground-floor opportunity -- but could even that number be too low?
Avoid Kris Humphries' Financial Fate: Don't Fall for Investment Scammers
12:40PM 11/02/2011
Kris Humphries may be mourning the death of his brief marriage to Kim Kardashian, but that may not be the only thing he has lost recently. It appears he may have been the victim of financial fraud, losing perhaps several hundred thousand dollars. Let his case be a warning to you: Here's what to watch out for.
This week, the government took a big first step toward shutting down the Can't Lose Room in the Wall Street Casino. It's now one comment period away from enacting the Volcker Rule, which limits the kinds of risky investments banks can make with money insured by the U.S. taxpayer.
SEC Claims Dead Money Manager Sold Fake Bonds
10:30AM 8/02/2011
The Securities and Exchange Commission has sued the estate of money manager Joel David Salinas, the president of J. David Financial who died last month, and Brian Bjork, chief investment officer of Select Asset Management, for allegedly selling $50 million of fake bonds.
The Financial Landscape: An Enormous Countrywide Settlement, and a Push by FINRA
10:00AM 6/29/2011
Investing, Bank of America, Stocks in the News, Market News, Banking
Bank of America will soon finalize an $8.5 billion agreement to settle investor claims that Countrywide sold them lousy mortgage-backed securities before the housing bust. Meanwhile, private regulator FINRA is angling to take over the watchdog role for registered investment advisers.
Stock-Based Loans: Quick Access to Cash, but Watch Your Assets
11:00AM 6/28/2011
If you need cash and have investments you don't want to sell, a stock-based loan may sound like a good idea. But the unregulated stock-based loan industry can be a risky way to tap into the value of your portfolio, warns the Financial Industry Regulatory Authority.
Politicians in both Greece and the U.S. are struggling to find the common ground necessary to keep their governments from defaulting on their debts; QE2 hasn't ended yet, and already the Fed is considering QE3; and the SEC finally starts to regulate Wall Street's hedge funds.
The Financial Landscape: Small Wins for Unions, Greece; A 'Small' Hit for JPMorgan
9:30AM 6/22/2011
People, Investing, JP Morgan Chase, Goldman Sachs , Wal-Mart Stores, Tiffany & Co, Biz Brief, Stocks in the News, Market News
The news across the financial world is good for unions, which will find organizing a bit easier; adequate for Greece, which will find getting bailed out a bit easier, and bitter for JPMorgan which had to accept a $153.6 million SEC fine for misleading investors about a mortgage securities transaction.
More Stories
Next Page →Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.05 | -0.13 -1.59% | 55.20M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
| 27.54 | -2.20 -7.40% | 9.02M | |
| 29.56 | -2.43 -7.60% | 8.76M |
% Gainers
| 35.62 | +11.72 +49.04% | 4.56M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
| 10.50 | +1.10 +11.70% | 1.78M | |
| 84.74 | +8.35 +10.93% | 3.49M |
% Losers
DailyFinance Wire
- Walmart's New Health Food Push: Is It Too Hard to Swallow?
- Newlyweds, Don't Let the IRS Spoil Your Honeymoon
- Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
- Why Groupon Will Never Be Great Again
- Why Used Car Bargains Are Getting Harder to Find
- 5 Reasons Facebook Stock May Be a Better Buy Than You Think
- Department Stores Reveal Top Selling Valentine's Gifts
Newswire
- Greek Cabinet suffers second walkout
- Turbo-traders take Bank of America for a ride
- Stocks slide at the open as Greek deal is held...
- Trade deficit widens to $48.8 billion in...
- Obama call for manufacturing revival a tough...
- Feds investigate door fires in 2007 Camrys,...
- NYSE Euronext profit down on blocked merger...
- LA co. challenges Kodak move to dump theater...
- 2011 Trade Deficit Hits 3-Year High, Over $550 Billion
- Today’s Best Market Rumors (2/10/2012) Apple iPad, Google Entertainment
- Top Analyst Upgrades & Downgrades (ALTR, AMSC, BIIB, CELG, COH, CSTR, COP, FSLR, GILD, HAIN, MA, RF, TRLG)
- Morning Wire — US Stock-Index Futures Down Sharply
- Alcatel-Lucent Pulls a Rabbit Out of Its Hat on Earnings (ALU)
- The Digital Omnivore vs. the Couch Potato
- The New Homeowner Rescue May Come After Home Price Recovery
- Unemployment Is Worse Than Assumed
Follow Us
