Wolters Kluwer, FundQuest & DTCC

A new search service is available for comparative and cross-archive regulatory research.
MAR 28, 2008
By  Bloomberg
New regulatory search service available for comparative and cross-archive research Wolters Kluwer Financial Services this week announced availability of the Rule Archives library offered online through both CCH Wall Street’s Compliance Resource Network and its own Law & Business’ Internet Research NetWork. The archives are meant to simplify the regulatory research process for compliance and legal professionals that search through and compare historical rules dating back seven years from Finra, the former NASD, NYSE, American Stock Exchange and NYSE Arca. Pricing starts at $500 per year, but depends on the number of users and rulebooks subscribed to. Subscribers can conduct keyword searches across multiple rulebooks and can choose which rulebooks they want the search to apply to. There is also an advanced search option that targets the major rulebooks by year. For more information visit CCH Wall Street. Schwab Institutional providing its affiliated RIAs new managed account platforms through FundQuest Institutional SpectrumSM, a newly launched managed accounts platform from FundQuest is now available to independent registered investment advisors (RIAs) working with Schwab Institutional. The platform includes account maintenance, back office operational services, consolidated quarterly reporting, open-architecture investment due diligence tools, and proposal preparation tools — all with built-in connectivity to Schwab Institutional’s clearing and custody services. Eight different managed account options are available including Advisor Managed Accounts (mutual funds, ETFs, SMAs, general securities), FundQuest Unified Managed Accounts, FundQuest Separately Managed Account models, FundQuest Mutual Fund models, FundQuest Index Enhanced Portfolios, FundQuest Income Portfolios, Russell Mutual Fund Model Strategies, and Russell LifePoints Funds. For more information visit Fundquest. DTCC clears and settles $1.8 quadrillion in transactions Yes, you read that right. $1.8 quadrillion represents the value of securities transactions cleared and settled by the Depository Trust & Clearing Corporation in 2007. Among the other 2007 statistics announced by the U.S. equity clearing house earlier this week were record revenues of $1.69 billion and the return of $984 million to its customers in the form of discounts and rebates. Mutual fund activity processed through Fund/SERV jumped to an average of 676,000 transactions a day, up 19% (total dollar value of those transactions rose to $2.5 trillion in). Insurance Services saw the volume of transactions settled increase by 18%to 63.1 million (that’s $20.8 billion for 2007). For many more self-congratulatory statistics visit the DTCC online.

Latest News

SEC bars ex-broker who sold clients phony private equity fund
SEC bars ex-broker who sold clients phony private equity fund

Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.

The key to attracting and retaining the next generation of advisors? Client-focused training
The key to attracting and retaining the next generation of advisors? Client-focused training

From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.

Chuck Roberts, ex-star at Stifel, barred from the securities industry
Chuck Roberts, ex-star at Stifel, barred from the securities industry

"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.

SEC to weigh ‘innovation exception’ tied to crypto, Atkins says
SEC to weigh ‘innovation exception’ tied to crypto, Atkins says

Chair also praised the passage of stablecoin legislation this week.

Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest
Brooklyn-based Maridea snaps up former LPL affiliate to expand in the Midwest

Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.