Fidelity Investments of Boston today launched three funds, including the firm’s first convertible-securities fund.
Legislation that would allow the victims of the Bernard L. Madoff Securities LLC fraud to receive refunds for the taxes they paid on phantom profits was introduced today by Rep. Gary Ackerman, D-N.Y.
Three former investment managers in Boston are planning to launch a hedge fund in April, according to a report published by FINalternatives, a news service of Stone Street Media LLC.
The National Association of Insurance Commissioners has released a list of carriers that have applied for a special accounting treatment aimed at helping them raise capital and surplus.
Raymond James wants help from issuers of auction rate securities. And if it doesn’t get it, the firm may sue.
A Massachusetts-based registered rep for a MassMutual subsidiary was charged with wire fraud after allegedly swindling two elderly investors.
“The Daily Show’s” Jon Stewart has brought to wide public attention — in his signature snarky style — what advisers have been saying for years: much of the content on CNBC is super-hyped, useless pap.
Only two of the top 100 largest foundations have said they plan to increase giving this year, according to a new report from the Foundations Center.
TD Ameritrade Holding Corp. will continue waiving fees on many money market funds for the rest of its fiscal year to ensure that clients who sweep cash into the funds don’t lose their principal, the company’s chief financial officer said today.
The Securities and Exchange Commission has announced that it will begin contacting investors to make sure they have the assets their investment advisers are reporting.
