Industry

CFA: Investors shouldn’t blindly trust Wall Street

Investors face substantial risk by blindly trusting Wall Street traders, says Kurt Schacht, managing director of the Standards and Financial Market Integrity division of CFA Institute.

May 14, 2012

2 min read

Dormant shell companies ripe for fraud

The Securities and Exchange Commission has suspended trading in the securities of 379 dormant companies—the most in a single day. The suspensions were done as part of SEC's efforts to ramp up a crackdown against fraud involving microcap shell companies.

May 14, 2012

2 min read

Morning roundup: JPMorgan exec resigns; Greece mulls Euro exit

We’re committed to keeping you and your clients up-to-date with global industry news. Every morning, we offer articles from around the web. Here are some selections: Top JPMorgan exec resigns JPMorgan’s chief investment officer, Ina Drew, resigned her post at the bank. Drew was one of the most powerful women on Wall Street and spent […]

By Staff |May 14, 2012

2 min read

Financial advice for hockey players

As the Leafs prepare to face off with the Bruins, we ask: What do NHL all-stars Jarome Iginla, Nik Antropov and Eric Staal have in common, besides their barrel-thick necks and numbers on a jersey?

By Heidi Staseson |May 13, 2012

11 min read