Assets under management for the average SEC-registered investment adviser are expected to leap 256% to $1.6 billion by the end of 2012, from $449.6 million at the end of 2006, according to a study that will be released tomorrow.
The SEC has settled with General American Life Insurance Company and a former executive for late trading.
Borrowers just above subprime are reporting more residential mortgage delinquencies, according to AIG.
Despite high-profile stories of hedge fund collapses in the last few weeks, two indexes showed overall gains for the industry.
Bear Stearns is being sued over the now-infamous failure two of its hedge funds, published reports said.
FINRA is sweeping B-Ds looking for improper early withdrawals from client retirement accounts.
A massive snafu is stopping 10,000 advisers affiliated with Linsco/Private Ledger Corp. from doing business online.
Marsh & McLennan Cos. Inc. announced that earnings per share remained unchanged at 31 cents compared to the year-ago period.
Firms are receiving the $35,000 that was promised upon the completion of the NASD-NYSE Reg merger.
Radar Logic has licensed its real estate data to three Wall Street firms that will allow investors to bet on which way residential real estate markets are headed.
