NEW YORK — A new tool on the Securities and Exchange Commission’s website that provides investors with a list of companies involved in countries designated as “state sponsors of terrorism” is raising eyebrows among lawyers and politicians.
PHILADELPHIA — Morningstar Inc., the mutual fund research company, is backing off its long-held position that fund boards that oversee multiple funds are less effective stewards than those responsible for just a few funds.
WASHINGTON — Washington early this month became the third state to move toward regulating adviser designations when it issued two concept releases asking for public comments on the issue.
SAN FRANCISCO — After achieving success in pilot cities, Fidelity Investments is taking its revamped referral program to Los Angeles, Manhattan and the New York suburbs, but with changes.
401(k) participants should get concise annual summaries of expenses—preferably online, according to a trade group.
The Robin Hood Foundation said it would stop investing in its donors’ and board members’ hedge funds.
The Senate opened an investigation into insurers that use suspect tactics when dealing with seniors.
Another partnership has been formed in preparation for impending boomer retirement rush.
The failing subprime mortgage market caused a hedge fund index to revise its performance returns.
Aperto Networks has been named as the Top WiMAX Company in India by VOICE&DATA magazine in its latest annual survey of multiple technology sectors in India.
