The exchange is attempting to provide its customers with complex event processing capabilities.
Both brokers and insurers bear responsibility for the suitability of variable annuity sales, but at different points in the sales process, industry officials said at a conference last week.
While there has been a lot of talk among lawmakers and regulators about the so-called retailization of hedge funds, the one trend that has appeared to dominate the nearly $2 trillion hedge fund industry over the past decade has been the increased influence of institutional-class investors.
In a sign that the housing market may be set for a rebound, the pending home sales index increased 6.3% in April.
Financial advisers face an array of challenges in the retirement market in the next decade.
Your Silver Bullet is creating a single standard on which members can base future software projects.
The mutual fund industry, buffeted by volatile markets, unprecedented scandals and new competition, has had a tough time over the past 10 years.
A combination of regulatory developments and court cases since 1998 has molded annuities and insurance products into what they are today — and that development continues.
Merrill has hired John Tyers, formerly one of the heads of Bear's defunct clearing and custody business.
Industry leaders are divided on whether income options in 401(k) plans will succeed and become a popular product in the next decade.
