John Churchhill

The New York Attorney General’s Office announced today that it is suing UBS Financial Services for allegedly defrauding thousands of customers through its InsightOne fee-based brokerage program.

The private annuity was just stripped of it's most alluring benefit—capital-gains tax deferral. Long favored by the wealthy because it allowed them to avoid huge capital-gains taxes on appreciated real estate ...

Shelf Space No No: The Hartford Financial Services Group agreed to pay $55 million to settle SEC charges that three subsidiaries of the firm failed to disclose their use of client mutual fund assets to pay brokerage...

More and more reps are becoming certified financial planners (CFPs). Trouble is that many wirehouse brokers with CFPs don't actually act as fiduciaries, as the designation currently requires. Should a wirehouse CFP be...

Last year, Leven Brown, a Scottish stockbroker with Edinburgh-based Bell Lawrie rowed solo 5,000 miles across the Atlantic in five months. Now the 34-year-old descendent of Christopher Columbus, and recent father, is...

The “risk-assessment unit” of New York Stock Exchange Regulation issued a memo today to remind member organizations of their duty not to screw clients out of hard-earned 401(k) money.

With the first wave of boomers starting to spend down that nest egg, one recent academic study suggests the government should create incentives for boomers to spend it as carefully as they saved it—by offering...

SEC Busts Another Ponzi: The SEC filed securities fraud charges against Salvatore Favata, the former president of National Consumer Mortgage (NCM), a California company that held itself out as a residential mortgage...