U.S. News & World Report - Mutual funds may not look sexy, but for most people, they're the best way to achieve financial goals. That's because mutual funds are professionally managed and offer diversification, which you don't get when you buy individual stocks.
Stock Markets
SEC sees financial fraud cases increasing (Reuters)
Reuters - A top Securities and Exchange Commission official said on Monday the number of fraud schemes is on the rise, taking billions of dollars from Americans, and warned investors to be more vigilant.
SEC to toughen custody rules for broke-dealers (Reuters)
Reuters - The top securities regulator said on Monday that she plans to hold broker-dealers more accountable for their customers' assets after Bernard Madoff duped his clients out of billions of dollars.
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