Bernard Madoff’s astonishing fraud has accelerated calls for regulatory overhaul that had already begun with the credit crisis. then again, the regulatory system was antiquated. The real problem for retail financial advisors: Your clients no...

When you read the 2005 Markopolos letter to the SEC, which warned the regulator about Bernard Madoff, what jumps out at you is how many professionals on Wall Street were actually suspicious of Madoff's business.

With markets collapsing last fall, Nicholas Rowe, a financial advisor with Focus Capital, a registered investment advisor in Bedford, New Hampshire that clears trades through Schwab Institutional, began buying inverse exchange-traded funds (ETFs)...

We are not sounding an alarm that there will be a collapse of charitable giving in 2009. Clearly, conditions are ripe for both an economic and philanthropic breakdown. We may suffer a worst-case scenario: the Dow Jones Industrial Average declining...

Back in the summer,1 I warned that the financial markets were headed for serious problems. But even my worst fears pale in comparison to what actually happened: nothing less than a near-death experience for western finance. The markets survived...

In an article titled Retirement Casino, on p. 46 of our November 2008 issue, we made an error. In the graphic of an excel spreadsheet on that page, in the row corresponding to Retirement Alpha, the equation should read (2*(D14 +2*H16)/(D15^2 + H16...

AIG is bracing for a slip in business in the wake of its government bailout. There are several regulatory safety nets in place for troubled insurance companies—but the payment guarantees are limited.

Regulators typically offer a “settlement premium” that is meant to represent a discount on sanctions they would seek at a hearing or trial. Is it worth it?

In the past, fund reopenings have often signaled a market bottom.