A number of other asset managers have asked the SEC to allow them to replicate the fund model, used exclusively by Vanguard for more than two decades, that lets an ETF be listed as a share class of a broader mutual fund.
The move wipes out loans for those who borrowed less than $12,000 for their higher education.
The increase comes after Fraser initiated what's billed as the largest reworking of Citigroup in decades.
After a $1 trillion wipeout, emerging markets are back in favor.
Funds were net sellers of big tech stocks in the fourth quarter.
Wall Street firm's trading desk says this one stock's earnings could shake up financial markets.
The global banking group becomes one of the first to set targets.
The SEC chair talks about the outlook for implementing the rest of his regulatory agenda.
European and Asian markets started Tuesday in decline.
Combined entity will be largest US credit card firm by loan volume.
