LOS ANGELES — Securities and Exchange Commission Chairman Christopher Cox is on a mission to wipe out the legalese in corporate-disclosure documents.
The financial planning world has been focusing too heavily on the act of accumulating assets, according to an academic speaking at the InvestmentNews Retirement Summit in New York this afternoon.
WASHINGTON — Those who bet that the U.S. stock market’s fairly steady climb since last summer was too good to last were winners last month.
Advisers who start their own practices after leaving larger firms often find that their biggest obstacle is obtaining affordable health insurance for themselves and their families, observers say.
Seizing an opportunity to exploit the perceived integration problems of Advent Software Inc.’s offerings to financial advisers, 19 technology companies have formed YourSilverBullet.net.
Initial reactions to the proposed changes to the ethical standards for certified financial planners have been favorable, but the other shoe could drop this week.
State securities regulators are worried that the recent emphasis on making U.S. capital markets more competitive could lead to the pre-emption of their power by federal regulators.
Regulators are turning the spotlight on companies that specialize in using high-pressure marketing tactics to sell financial products and services to older Americans.
NEW YORK — Clean energy is increasingly gaining the attention of institutional investors. Last Monday, dozens of top investors managing a total of $4 trillion in assets asked Congress, the Securities and Exchange Commission and the White House to approve stronger climate control policies.
Stock market volatility and worries that more bad news from the housing sector could threaten the U.S. economy’s prospects for a soft landing are likely to make 2007 “a dynamite year” for money fund inflows, a well-known money fund expert said last week.
