The process could come to a favorable conclusion for the bond insurer early this week.
Legislation is moving forward in the Senate that would allow financial services companies to keep their industrial banks.
After a sputtering start, the green revolution appears to be steadily making its way into corporate boardrooms.
Last week's U.S. Supreme Court decision to allow individual participants to sue 401(k) plan administrators will put further pressure on financial advisers to ensure that they are adhering to their fiduciary status, industry observers say.
At a time when recession fears are rattling the stock market, some financial advisers are looking to trees for growth.
Pressure is increasing on the U.S. government and the investment community to address climate change.
The gross domestic product will rise by just 2.9% in 2008, according to economists polled by NABE.
The Vanguard Group Inc. has slashed costs on five more exchange traded funds in its latest effort to play catch-up with Barclays Global Advisors.
Managed accounts aren't popular default options in 401(k) plans, because fees are too high for plan executives to justify, leaving them concerned about fulfilling their fiduciary responsibility, experts say.
Insurers are stepping up their wholesaler education efforts to help advisers prepare for tougher suitability rules involving the sale of variable annuities.
