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:
Payday loans from banks pose huge problems for poor consumers – and the banks themselves. The federal government has finally stepped in with new guidelines for payday loans.
Filings with the Securities and Exchange Commission revealed recent investment decisions made by Berkshire Hathaway, the investment group led by Warren Buffett. In addition to buying and selling stocks in its $85 billion U.S. stock portfolio, the company owns 80 other companies, some of which account for more than half its income.