New York Attorney General Andrew Cuomo’s probe into the industry's selling of auction rate securities has widened.
Products that combine equity exposure, income generation and volatility protection may grow more popular among advisers, according to a retirement product executive.
Younger workers are saving for retirement but fear that they aren't saving enough and that benefits such as Social Security will be cut before they are ready to retire, according to a new study.
New York Attorney General Andrew Cuomo will investigate Merrill's connection with the freezing of the ARS market.
MBIA Inc. and Ambac Financial Group Inc. rallied in early trading following a positive report from Standard and Poor’s.
Financial Computer Support Inc. makes the dbCAMS portfolio management software used by thousands of advisers.
The Reuters/University of Michigan survey fell to a reading of 61.7 in August, compared with 61.2 in June.
Missouri securities regulators spearheaded the investigation into the firm's role in the market's February collapse.
U.S. industrial production increased 0.2% in July following a 0.4% jump in June, according to the Fed.
The redemptions were triggered by an 8% drop in U.S. stock indexes in June, followed by further deterioration in July.
