BofA to Pay $250M Over Extra Fees, Unauthorized Cards
Bank of America, which also didn’t admit to or deny the SEC’s allegations, said it self-reported the issues to regulators....
life insurance
Merrill, BofA Fined $12M for Suspicious Activity Report Failures
The U.S. Securities and Exchange Commission revealed Tuesday that it has charged Merrill Lynch and its parent company, Bank of...
No, Social Security Shouldn't Invest in Stocks: Researchers
What You Need to Know A new paper says that investing part of Social Security’s reserves in equities would be...
Raymond James Hit With $4.2M Fine Over High Fees
A group of state regulators has ordered Raymond James Financial Services Inc. to return $8.25 million, plus interest, to customers...
Charles Schwab Sweeps $1M Clients Into New Private Client Services
What You Need to Know Clients with more than $1 million are to be served by Schwab Private Client Services,...
What Women Need to Know About Life Insurance
If someone depends on you, chances are you need life insurance. Why, then, do fewer women own life insurance than...
Term Insurance in Texas
So I’m an occasional Xanax and marijuana edibles user. I only do edibles a few times a year(max 4-5 times)...
Bob Doll Warns Against Chasing the Stock Rally
Investment strategist Bob Doll, sounding a cautionary note, said he is focusing on capital preservation in portfolios and suggested investors...
Biden Administration Moves to Ban Fee-for-Service Indemnity Health
Indemnity Health Enforcement Actions HHS, the department that oversees the ACA individual major medical provisions, says it will look closely...
Second Judge Strikes Down DOL Rollover Guidance
A second judge has ruled the Labor Department’s guidance that declared rollover advice fiduciary advice should be struck down. The ruling is a...
