Maybe individual investors can’t fix the broad regulatory breakdown that has allowed financial frauds to occur, like dodgy mortgage-backed securities and Bernie Madoff’s pyramid scheme. But they can take steps to protect themselves against unscrupulous financial advisers. Knowledge is the best weapon. The more investors know, the less likely they are to be taken advantage of by a dishonest broker. Here are four ways you can ensure your broker is following the rules:
The Dow fell about 25 points, after rising and falling throughout the session. A positive call on commodities by Goldman Sachs drove up the price of oil and metals.
Rahm Emanuel is sworn into office as Mayor of Chicago. His city's most pressing crisis: a half-billion dollar budget deficit.
Following a strong show on Friday, the Dow rose 45 points, led by oil and precious metals
Dow closes up 54 points, after moving more than 170 points higher. For the week, all three major US indexes fell more than 1 percent.
Bond trading revenue decreases, along with losses at a Japanese investment, caused Morgan Stanley's first-quarter income to fall by 48 percent
Technology stocks rallied, and the blue-chip index reached a high of nearly three years
GE earnings to get plenty of scrutiny after Japan nuclear fallout, tax stories. Dozens of high-profile companies will report earnings Thursday.