In a move that has received scant public attention, the SEC this month put into place changes that could harm investors.
Small- and mid-size record keepers that administer 401(k) programs for providers are concerned that a plan to ensure that mutual funds are not being "market timed" will be so expensive to oversee as to put some of them out of business.
The bull market in broker recruitment deals has peaked.
EMoney Advisor produces the eMoney 360 and 360Pro wealth- and goal-planning applications used by financial advisers, while Redtail provides a popular web-based client relationship management application intended for advisers.
Legislation requiring hedge funds to register with the Securities and Exchange Commission will be reintroduced by the ranking minority member of the Senate Finance Committee.
“Ultimately, the consumer ought to benefit from greater regulation, provided that we heed the lesson of the current crisis,” said Christopher “Kip” Condron, president and chief executive of AXA Financial Inc. in New York.
SEC enforcement settlements are projected to reach a three-year high in 2008, according to a study issued today by Nera Economic Consulting.
David M. Greene, an alleged Ponzi scheme promoter, is being held in civil contempt for failing to provide documents and information to the SEC.
Financial advisers are worried that if more employers eliminate 401(k) matches, it will cause already cash-strapped and worried clients to reduce or halt their contributions.
More than half of employers that offer "unbundled" 401(k) plans intend to add to their lineup of investment options over the next year, according to a new report.
President-elect Barack Obama deserves congratulations — and a warning to be careful what you wish for in this life.
Once again, it is about the plumbing.
Financial services companies continue to increase their technology spending despite rocky markets and an anemic economy.
UBS Financial and two units of CitiGroup Inc. adopt DTCC's standards-based managed-account system. SEC complees taxonomies for fund prospectuses.
The incoming Obama administration is likely to act quickly to kill the Bush tax cuts for households with incomes over $250,000 a year, and they may move to make any new tax law retroactive to Jan. 1, 2009.
Running on New York-area news radio stations these days is a commercial for a municipal bond offering by a special-purpose New York City taxing authority.
Many institutions and individuals share responsibility for the mortgage crisis and the meltdown that followed: Congress, several successive presidential administrations, top executives at Fannie Mae
By now, even the most ardent advocates of asset allocation have to be asking themselves whether they should just go to cash and wait for saner times.
