Dalbar Inc., a financial services market research firm, has tapped an ex-insurance executive to start a division catering to the needs of compliance departments.
The new indexes measure the performance of companies in accord with the values and principles of Dharmic religions.
Doug Townsend has been the vice president and controller of both entities since January 2004.
Another filing for actively managed ETFs was made last week, an indication that 2008 might be the year investors can finally invest in them.
The Greenwich Global Hedge Fund Index returned 0.61% in December and gained 11.15% in 2007.
Compliance spending grew an average of 159% from 2002 to 2006, according to a report.
The Interstate Insurance Product Regulation Commission today added two new regulators.
Incentive stock options are thought of more favorably than non-qualified stock options because ISOs can create capital gains while NQOs create ordinary income.
Many financial advisers are in a mood to buy stocks despite the drubbing their portfolios have taken in the first few trading sessions of 2008.
Ameriprise Financial Inc. has experienced the defection of another top representative, this time a leading producer in its franchisee group, to LPL Financial.
