The sweeping financial-regulatory reform bill faces an uncertain fate in the Senate following the death early today of Sen. Robert Byrd, D-West Virginia.
Complex reverse convertibles mostly sold to individual investors; 'inconceivable'
The banned broker's responses to questioning, however, often come across as confused.
Artisan Partners LP's hiring of C.J. Daley as chief financial officer may mean that the company is getting serious about IPO plans.
State securities regulators today announced a new reporting service that allows investors to check on the disciplinary records of their investment advisers online.
Investors still feeling bruised by the terrible mutual fund returns of 2008 and early 2009 can expect to be disappointed again when they get their statements for the second quarter. While most fund categories did well in the first quarter, during the April-June period there were few places to hide.
European pension funds and their equity managers are ratcheting up exposure to the U.S.
Standish Mellon Asset Management Co. LLC is scaling back the level of risk within its municipal bond portfolios but isn't worried about massive defaults among local and state governments, according to an executive at the firm.
BP Plc was sued by an ex-employee over losses to the company's retirement plan caused by the Gulf of Mexico oil rig explosion and subsequent spill.
Debt issues are no reason to avoid the area.
