Pax, based in Portsmouth, N.H., plans to list three ETFs on NYSE Arca, a division of New York-based NYSE Euronext, according to a Securities and Exchange Commission filing last week.
The estate alleges in a lawsuit filed Wednesday that JPMorgan forced the now-failed bank to put up collateral that sapped Lehman of cash.
The regulators won't actually set compensation. Instead, they would review — and could veto — pay policies that could cause too much risk-taking by executives, traders or loan officers.
U.S. prosecutors in Virginia plan to step up pursuit of financial fraud cases, taking advantage of a court holding two years ago that their district has jurisdiction over crimes linked to federal securities filings
The stock market appears to be headed for yet another strange day in May, with share prices plunging, then rallying. then falling again. Given the recent market gyrations, money managers disagree on whether it's time to abandon ship
Market volatility presents an opportunity to offset gains with losses. Is it worth the hassle? Experts say tax-loss harvesting can boost portfolio returns by as much as seven percentage points
Arlen Specter's call for criminal penalties is sure to draw fire from Republicans on the hill and lobbyists in the Senate reception room
The former Maxim Group broker allegedly lied to Merrill about his book of business, then purportedly made off with a $780K inducement loan
Indicted financier R. Allen Stanford was sued by a unit of American Express Co. for $115,712.79 in back credit card debt.
Economists would likely agree that the bond market rally is the market's rational response to current (albeit heavily government-influenced) reality. But there's a disturbing signal ahead.
