The SEC has voted to give some non-discretionary advisory accounts limited relief from principal trading restrictions.
It’s the latest chapter in whether insurers can sue participants in a municipal bond transactions for securities fraud.
FRM, a London-based global hedge fund manager, will transition its assets to JPMorgan Hedge Fund Services.
Goldman's Global Alpha managers sent a letter to investors saying they would keep the fund open.
The registered investment adviser will pay $32.5 million to settle market-timing charges with the SEC.
The regulator is probing for relationships between managers, employees, family members and public companies.
NovaStar, the troubled residential lender, will give up its status as a real estate investment trust.
Fidelity Registered Investment Advisor Group today became Fidelity Institutional Wealth Services.
Assets for 529 college savings plans managed by Fidelity Investments grew nearly 60% for the past year to $13.5 billion.
Marsh & McLennan Cos. stock slipped after Brian M. Storms stepped down as CEO of Marsh Inc. on Friday.
