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The Madoff Fraud:Scam of the Century
Pressure on Investment Advisors after fraud

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How Do I Know You’re Not Bernie Madoff?

Votes:4 Comments:0
How Do I Know You’re Not Bernie Madoff? Published: June 12, 2009 Tony Guernsey has been in the wealth management business for four decades. But clients have started asking him a question that READ MORE
http://www.nytimes.com/2009/06/13/your-money/13wealth.html...

Burned investors wary; financial planners step up

Votes:12 Comments:0
Thanks to the Wall Street meltdown and the Bernie Madoff scandal, everyday investors are associating financial advice with "Ponzi scheme" more often than anyone in the industry wants to see. All the READ MORE
http://www.myrtlebeachonline.com/business/story/783690.html

Brokers in EU urged to help Madoff-hit investors

Votes:9 Comments:0
Brokers in EU urged to help Madoff-hit investors Wed Feb 4, 2009 10:33am EST BRUSSELS, Feb 4 (Reuters) - European Union market watchdogs said on Wednesday that financial institutions should help c READ MORE
http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/...

Custodians' use urged at Madoff hearing

Votes:3 Comments:0
Custodians' use urged at Madoff hearing By Sara Hansard January 27, 2009, 3:56 PM EST The push to require investment advisory firms to use independent custodians gained momentum today after me READ MORE
http://www.investmentnews.com/apps/pbcs.dll/article...

Madoff scandal puts reps on the hot seat

Votes:28 Comments:0
Madoff scandal puts reps on the hot seat By Bruce Kelly January 29, 2009, 11:49 AM EST Bernard Madoff’s alleged $50 billion Ponzi scheme has put financial advisers on the hot seat. Invest READ MORE
http://www.investmentnews.com/apps/pbcs.dll/article...

Brokerages Doubling as Money Managers Facing Finra Scrutiny

Votes:5 Comments:0
Brokerages Doubling as Money Managers Facing Finra Scrutiny By Jesse Westbrook Jan. 22 (Bloomberg) -- U.S. brokerages that also manage money for clients are facing additional scrutiny by indu READ MORE
http://www.bloomberg.com/apps/news...

Madoff Scandal May Lead to New Rules on Adviser Accountability

Votes:4 Comments:0
Madoff Scandal May Lead to New Rules on Adviser Accountability By Jeff Plungis Jan. 21 (Bloomberg) -- The Bernard Madoff scandal has intensified efforts to hold investment advisers more account READ MORE
http://www.bloomberg.com/apps/news...
ZURICH (Reuters) - Private bank clients, already at loggerheads with wealth managers during the subprime crisis, are becoming more vocal in demanding lower fees after the Madoff scandal left many of them badly bruised. Wealthy clients who parked assets with Swiss private banks and funds in other offshore centers feature heavily among the victims of a $50 billion fraud allegedly orchestrated by former Nasdaq chairman Bernard Madoff. Many clients now complain that they pay too much for too little, especially as many of them have seen asset values shrink during the downturn. http://offshore-banking-news.blogspot.com/
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