Guggenheim big resigns amid merger rumors
Steve Baffico, head of U.S. retail at Guggenheim Funds Distributors Inc., has resigned
Steve Baffico, head of U.S. retail at Guggenheim Funds Distributors Inc., has resigned.
The move comes amid renewed rumors that the firm's parent, Guggenheim Partners LLC, is merging its former Claymore Group Inc. exchange-traded-fund business with its Rydex SGI subsidiary.
Jeaneen
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