Search results
Results from the WOW.Com Content Network
On December 3, 2003, the SEC proposed new rules to stop after-hours trading in mutual funds. [9] [10] On December 18, 2003, the SEC “announced an enforcement action against Alliance Capital Management L.P. (Alliance Capital) for defrauding mutual fund investors. The SEC ordered Alliance Capital to pay $250 million.
More often than not, divorce is expense. More than that, it has an impact on your retirement funds. “Divorce can lead to a court-ordered division of your retirement funds with your former spouse ...
The San Diego City Employees' Retirement System had been underfunded in some form for more than a decade. In 2001, as a result of years of sharp increases in pension benefits combined with decreases in pension funding and a decrease in the value of investments, the fund fell below certain funding targets. Revelation of the problem
In the 419 scam, a foreign national (often a "Nigerian prince") requests money and finagles access to personal and financial data with the lure of sharing his immense wealth.
2. Withdraw from accounts in the right order. If you need retirement savings to get by and you’re wondering whether to take them from an IRA, 401 (k) or a Roth account, don’t be tempted by ...
Bloomberg. Rye Investment Management ( Tremont Group) US hedge fund; Madoff feeder fund. $3,100 million. WSJ [8] Bank Medici of Austria. Austrian bank. $2,800 million. Bloomberg.
A recent survey conducted by GOBankingRates revealed that 19% of respondents prioritize retirement savings over emergency funds. While saving for your golden years is a worthy and important goal ...
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion ...