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AIG Advisor Group agreed to pay $9.5 million on Monday to settle allegations their advisors violated their fiduciary duty by steering clients into mutual fund share classes that would generate 12b-1 fees instead of lower-fee products...
Don't bite. | Copyright Mario Tama, Getty Images
The Zika virus is the latest health crisis to strike, and the Centers for Disease Control and Prevention has issued a public health alert for travel to places where the virus is spreading. B...
The Financial Industry Regulatory Authority levied a $500,000 fine against Raymond James earlier this week, alleging the St. Petersburg, Fla.-based firm violated customer privacy...
Is a recession coming? | Copyright Julian Herbert, Getty Images
With corporate profits declining in three of the past four quarters, signs are pointing to a recession. Bloomberg View columnist Barry Ritholtz conducted a Q&A with James Bian...
Not running. | Copyright Mike Coppola, Getty Images
A survey of more than 1,100 financial advisors found that in the upcoming presidential election, they favor Florida Sen. Marco Rubio. The poll by Advisor Perspectives, which included 13 c...