The index of leading indicators that gauges future business activity fell 0.3% in February, the fifth straight month of decline.
A cap on fees for Class C mutual fund shares looks like it will make its way into a rule on 12(b)-1 fees.
Firms with less than $500 million in assets under management have been most affected, said David DeVoe, senior director of mergers and acquisitions for Schwab Institutional in San Francisco.
W.P. Carey & Co. was accused of selling more than $235 million of an affiliated REIT's shares without a registration statement.
401(k) participants who have borrowed from their investments rose from 9% in 2005 to 18% in 2007.
During last year's fourth quarter, 288 new funds were launched and 154 funds were liquidated, according to HFR.
The firm reported first-quarter net income of $1.5 billion, compared with $2.7 billion in the year-ago period.
AIG will pay $13.5 million to settle an investigation involving its alleged sham reinsurance deal with General Re.
The index for finished goods other than foods and energy moved up 0.5 percent after a 0.4% increase in January.
Goldman Sachs and Lehman Brother's profit fell more than 50% in the first quarter but managed to beat Wall Street estimates.
