Articles

Trial delayed for money manager Schrenker

An Indiana judge has delayed until March the trial on securities fraud charges of a former money manager who tried to fake
his own death by jumping from a small plane before it crashed in Florida.

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Events to teach personal finance, money management

Hundreds of free events to educate consumers on personal finance and money management will occur around Indiana the week of
Oct. 10-17 as part of the Federal Reserve Bank of Chicago’s annual Indiana Money Smart Week.

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SKARBECK: More reforms sought for target-date funds

Target-date mutual funds, a popular investment vehicle in 401(k) plans and college savings plans, have recently come under
scrutiny by Congress and regulators. Investors are in an uproar over the recent poor performance of funds nearing their target
date.

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Knall accepts suspension in unusual SEC case

Newly public records suggest that securities investigators had far from an airtight insider-trading case against David Knall,
the star Indianapolis investment broker who nonetheless agreed to settle the 3-year-old inquiry by agreeing to a one-year
suspension. The Securities and Exchange Commission announced the pact Dec. 4. In addition to consenting to the suspension,
Knall, a managing partner of Stifel Nicolaus & Co., agreed to pay $123,865.

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