Florida's Office of Financial Regulation has reached a $4.8 million settlement with Banc of America Securities LLC and Banc of America Investment Services. ...more

July 31, 2009

Some investments need a plain-language warning sticker that you find on a stepladder or a crib. ...more

September 3, 2008

Consumer Prices Surge, Job Market Remains Strained WASHINGTON (AP) - Inflation is running at the fastest pace in 17 years, the job market is under further strain and foreclosure filings are surging. ...more

August 17, 2008

JPMorgan Chase & Co. and Morgan Stanley on Thursday became the latest banks to reach settlements with New York Attorney General Andrew Cuomo and other regulators as part of an investigation into the collapse of the auction-rate securities market. ...more

August 15, 2008

Never mind. Or, in the words of Merrill Lynch & Co. Chief Executive Officer John Thain, "Our clients have been caught in an unprecedented liquidity crisis. We are solving it by giving them the option of selling their positions back to us." ...more

August 13, 2008

Securities regulators from several U.S. states on Thursday raided the St. Louis headquarters of Wachovia Securities, seeking documents and records on the company's sales practices. ...more

July 18, 2008