Modifications to SEC's privacy regulations would allow departing brokers to take customer contact information with them.
Republicans plan to introduce a bill that would make compliance with some provisions of Sarbanes-Oxley voluntary for banks.
Pay tax on such financial products, even though no payoff from such investments is assured, would unfairly limit trade of the financial products, according to the group.
The most significant increases in filings for the first two months of 2008 occurred in California, Maryland and Florida.
Hedge fund assets grew by only 10% in the second half of the year, marking the smallest half-year increase since 2002.
Financial services have eliminated 22,056 jobs since New Year’s, according to Challenger Gray & Christmas.
The American Bankers Insurance Association has elected three financial services industry leaders to serve as new board of directors.
Federal Deposit Insurance Corporation chairperson Sheila Bair said most financial institutions remain well capitalized.
Manufacturing reports were down across the board with only St. Louis reporting a pickup in activity.
The bond insurer has decided against splitting into two entities, as it prepares to receive up to $3 billion in cash.
