Omar Zaki agrees to $25,000 SEC fine, three-year ban from investment industry.
Guidance intended to help investors determine when a digital asset is a security.
Legislation would increase 401(k) contributions, plan portability.
Opponents call bill ‘idiotic and irresponsible.’
Supports SEC in allowing agency to hold individuals liable even if they did not make a statement deemed fraudulent.
Firm allegedly made more than 220 million errors over nearly a decade.
Christina Paxson says endowment is ‘not a political instrument.’
Romantic interest allegedly led manager to mislead pensions.
Raymond K. Montoya’s Ponzi scheme victims included family, friends, and acquaintances.
Northwestern professor says annuities could have helped avoid the crisis.
President’s latest proposal aims to save about $3 billion over the next decade.