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The stock market is beginning to slow down in March, possibly foreshadowing the next market crash as all three major indices have declined during this week’s trading. The smiles on investors’ faces may be fading after the success of the opening months of 2013, when markets reached record highs.
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The Employee Benefits Research Institute (EBRI) released its yearly Retirement Confidence Survey (RCS) Tuesday and the results showed that Americans’ optimism about retirement is at its lowest level since the EBRI began conducting the survey.
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The revolving door continues to swing as one of the largest corporations in the world has just nominated the United State’s former top financial regulator Mary Schapiro, from the SEC, to its Board of Directors, paving the way for more insider information and possible corruption.
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Recent study shows that the U.S. Securities and Exchange Commission (SEC) SEC is ineffective in its designed purpose, which is to protect the everyday investor from corruption within the financial industry.
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