The National Association of Independent Life Brokerage Agencies has announced its opposition to the SEC's regulation of fixed indexed annuities as securities.
Inflation may fail to moderate unless monetary policy is tightened "sooner than currently anticipated by financial markets.”
An index covering all nine U.S. census divisions fell 15.4% compared with the year-over-year decline of 14.2% in the first quarter.
A $241 million award given to the state regarding its takeover of the now-defunct Executive Life Insurance has been overturned.
Five firms are said to have expressed interest in buying a stake in Lehman's investment management business.
A married couple has cut back on their charitable donations and are instead volunteering their time and services.
The Rydex AdvisorBenchmarking Inc.'s Advisor Confidence Index rose 13% in August to 97.06, from 86.27 in July.
Industry insiders believe that the ETF slowdown is little more than a bump in the road and attributable more to sour markets than exchange traded funds themselves.
Portfolio managers who battened down their hatches for credit market squalls, falling U.S. rates and a sagging greenback led the ranks of fixed-income performers for the 12-month period through June 30, according to Morningstar Inc.'s separate-account/commingled-fund database.
The boom in exchange traded funds appears to have come to an end.
