Who’s Watching the Watchdogs? SEC Hack Exposes Critical Financial Regulation Faults

SEC Hack Exposes Critical Security Faults On Thursday, it was announced that the Securities and Exchange Commission (SEC), the nation’s top finance and securities regulator, had experienced a critical cyber security breach. The breach, which occurred in 2016, allowed hackers access to the SEC’s EDGAR system, a database which houses corporate filings and announcements for … Continue reading Who’s Watching the Watchdogs? SEC Hack Exposes Critical Financial Regulation Faults »

Ahead of Fed Announcement, Financial Investing on Wall Street Rebounds

Financial Investing Pushes Wall Street Rebound This week, market analysts and investors saw Wall Street regaining upward traction. Dow and S&P indexes soared to record weekly gains, buoyed by a flurry of trading activity. According to a Reuters report, financial investing has been one of the major drivers, followed by industrial and tech. Financials Bank … Continue reading Ahead of Fed Announcement, Financial Investing on Wall Street Rebounds »

More Fake Accounts Discovered in Wells Fargo Sales Scandal

Last time we wrote about the Wells Fargo fake accounts scandal, the current figure of roughly 2 million customers affected had just been increased to nearly 3.5 million. What we saw was the uncovering of a scandal that was far more deep-seated than previously thought. Through the creation of unauthorized accounts for various consumer services, … Continue reading More Fake Accounts Discovered in Wells Fargo Sales Scandal »

Know Before You Invest: Initial Coin Offerings

Initial Coin Offerings (ICOs) are becoming an increasingly popular platform for raising capital these days, especially within the emerging tech industry. ICOs allow companies to offer virtual coins in exchange for capital contributions from investors. You may be more familiar with virtual currency under names like Bitcoin, Ethereum, or one of the many other forms … Continue reading Know Before You Invest: Initial Coin Offerings »

Beware of Federal Retirement Savings Investment Fraud

The federal government is one of the nation’s largest employers. It employs millions of people; you may even be one of them. One of the largest perks of government employment is access to retirement security. Millions of employees participate in some sort of federal retirement savings or investment plan. The popular Thrift Savings Plan (TSP) … Continue reading Beware of Federal Retirement Savings Investment Fraud »

Retirement Investing: 2 Alternative Options to a 401(k)

If you’re smart, you are planning for your financial future. Retirement investing is one of the surest methods for building a nest-egg. Most likely, you’re familiar with the concept of retirement investing. Typically, you can direct funds from your personal income into tax-sheltered or tax-deferred accounts. This is known as a 401(k). However, there are … Continue reading Retirement Investing: 2 Alternative Options to a 401(k) »

Investor Education: Know Your Order Types Before You Buy and Sell

Maybe you want to make it big as an investor. Maybe you just want a nest egg for retirement or financial security for your family. Whatever the reasons, thousands of Americans everyday make their first steps to becoming active investors. Before hitting the market though, there’s a lot would-be investors need to know; like understanding … Continue reading Investor Education: Know Your Order Types Before You Buy and Sell »

Diversified Portfolio Investor or Salad Bar Investor: Which Are You?

You’ve probably heard the term “diversified portfolio” before. The term brings to mind the image of a robust, varied assortment of assets and securities that not only generate generous returns, but act as a cushion against any one stock or security’s downturn. Everyone wants a diversified portfolio, from fledgling investors to seasoned pros. However, there’s … Continue reading Diversified Portfolio Investor or Salad Bar Investor: Which Are You? »

$5.5 Billion Settles One of Two Mortgage-Backed Securities Lawsuits for RBS

The Royal Bank of Scotland (RBS) recently reached a settlement sum of $5.5 billion with the U.S. Federal Housing Finance Agency (FHFA) in the agency’s lawsuit. One down, one to go This settles at least one of the the two mortgage-baked securities lawsuits against RBS in U.S. courts. Another lawsuit remains pending with the U.S. … Continue reading $5.5 Billion Settles One of Two Mortgage-Backed Securities Lawsuits for RBS »