The following are remarks delivered by Securities and Exchange Commission member Elisse B. Walter on Sept. 21 in San Francisco at the SEC's inaugural hearing on the state of the municipal-securities market
At first glance, financial advisers seem to be about as suited for farm life as Lisa Douglas, the overdressed socialite who was dragged from her Manhattan penthouse to a farm in the hit TV show “Green Acres.”
BlackRock Inc., the world's biggest manager of exchange-traded funds, named Russ Koesterich to the new position of global chief investment strategist for its iShares unit.
The staunchest opposition to a universal fiduciary standard that would put clients' interests first isn't from securities brokers. It's from insurance agents, comments to the Securities and Exchange Commission show.
S&P five-star ranked Mairs & Power Growth Fund has, over the past year, consistently been top-ranked within S&P's coverage universe, and garners positive performance analytics, risk considerations, and cost factors scores
With stricter capital requirements, banks may shy away from purchasing municipal debt
Steven Romick says he aims to beat the market when stocks are falling and underperform by a smaller margin when they're rising.
U.S. regulators said mutual funds aren't telling investors enough about why they use derivatives, with some funds providing “generic” disclosures and others failing to explain how the products affect performance.
New Jersey's insurance commissioner is proposing an amendment which would provide unlimited coverage in the case of certain insolvencies
American Century Investments is discussing launching global bond funds for international and U.S. investors
IT industry jumps ahead of banks in total payouts to shareholders 'excess cash'
Warren Buffett says China's BYD Co. has “momentum.” It may have more to do with his name than the company's.
Whether it's helping downsized clients, assisting retirees whose benefits are being chiseled away or advising small-business owners on health care options for their companies, a growing number of financial advisers find themselves navigating the murky waters of health care insurance.
Bailed-out banks, insurers and automakers are a sore spot for millions hurt by the financial crisis
Jeffrey Gundlach hasn't lost his investment magic — or his famous ego — while running DoubleLine Capital LP, the money manager he formed after his highly publicized firing from TCW Group last December
New accounting standards proposed by the Financial Accounting Standards Board would give index funds a substantial advantage over actively managed funds, observers contend
Morningstar Inc., a Chicago-based research firm, may stop rating leveraged and inverse exchange- traded funds on a scale of one to five stars because of concerns about their suitability for individual investors.
U.S. One Inc. has filed with the Securities and Exchange Commission for approval to offer exchange-traded funds that invest in individual U.S. and foreign-listed securities.
ETF providers are lobbying for tighter restrictions on market orders as regulators consider additional rules to avert another “flash crash.”
Bookkeeping change seen raising expense ratios for AMFs, tilting field in favor of index funds
