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.
