“There’s nothing to replace those commodity loadings,” said David Nahass, senior vice president of rail-equipment investment adviser Railroad Financial Corp. in Chicago.

An investment adviser featured in best-seller "The Big Short" failed to persuade a federal appeals court to shut down a U.S.

Massachusetts' top financial regulator on Thursday charged an investment adviser and his employer, LPL Financial LLC, with having fraudulently sold annuities to retirees.