New York Attorney General Eliot L. Spitzer isn't just getting scandal-plagued mutual fund companies to cry uncle. He is going for their wallets, too.
There's an old saying that a lawyer who represents himself has a fool for a client.
Concerned that the public - and even some financial planners - are clueless about its practice standards, the Certified Financial Planner Board of Standards Inc. in Denver is on a mission to spread the word.
Mutual funds that use hedging strategies are finding their way into variable-annuity subaccounts - a move some expect will snowball in the coming year.
In the wake of the 9/11 attacks, financial services companies face the challenge of filling the roles of key employees.
