After months of insisting that no further delays for smaller public companies would be forthcoming, SEC Chairman Christopher Cox said in December that he would recommend still another delay in implementing Section 404(b) for companies with market caps under $75 million ("non-accelerated filers") until fiscal years ending on or after Dec. 15, 2009.
With inflation expectations on the rise, now is a good time to consider what strategies you might implement for your retired clients to respond to a possible upturn in inflation.
Mutual funds that offer managed payouts designed to give investors a steady stream of income have caught the attention of Andrew J. "Buddy" Donohue, director of the division of investment management at the Securities and Exchange Commission.
Morgan Stanley & Co. Inc. of New York is cutting its four retail divisions down to two, creating a South/West division and a Northeast/Central division.
A full 93% of plan sponsors said they are solicited at least once a year by other advisers, according to a Fidelity study.
Succession planning always creates complications.
Educating financial advisers about leveraged-index funds is one goal that Dan O'Neill embraced when he took over last month as Direxion Funds' chief executive.
Providers of exchange traded products are developing investments that give investors the ability to more accurately pinpoint risk.
The Securities and Exchange Commission is expected to issue a proposal by summer that would cap 12(b)-1 fees that investors in Class C mutual fund shares are charged, according to the general counsel of the Investment Company Institute.
