Franklin Resources reported a 21% increase in profits while Janus Capital Group experienced a 29% drop in earnings.
William Galvin has requested a list of Massachusetts public-issuer bonds insured by the companies since January 2006.
The new benefit will go with UBS’s target retirement funds and other investment options.
Piper Jaffray's earnings fell 27% with net income falling to $15.1 million while Jefferies reported a loss of $24.2 million.
Asian stocks bounced back while European securities slumped following the Federal Reserve's interest-rate cut.
Ex- hedge fund chief James Marquez was ordered to serve 51 months for conspiring to defraud investors.
John Koehler will lead a group of nine specialists, each one focusing on advanced planning techniques.
In an surprise move, the Federal Reserve cut interest rates from 4.25% to 3.50%.
Treasury Secretary Henry Paulson this morning expressed optimism that a temporary growth plan can be enacted quickly.
The recommendations are designed to handle conflicts of interest between managers and investors.
