Move comes at a time when industry is struggling from new regulations.
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One attorney called the lawsuit an "attack" on the investment-management structure within variable annuities.
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Intermediate-term bonds took in $15 billion last month — the largest inflow of any Morningstar category.
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Even coal, which has seen hundreds of mines close worldwide, is riding the commodity rally.
High demand, stock market valuations, stingy bond yields and unorthodox monetary policy may be stoking the rally, which seems to have legs.
Men still overwhelmingly dominate investment management, but women have made inroads, especially in money market funds.
The agency is particularly interested in conflicts of interest where the adviser is also a broker-dealer or affiliated with a broker-dealer that gets fees from sales of particular share classes.
Complex tracking basket that would be published daily a key component of the product.
Thanks to the Fed, outlook stays positive for stocks
The stockpicker reached a deal to buy out Legg Mason's stake in the entity housing his funds, which he'll continue to run.
Offerings from Fidelity, Columbia, Janus and others look for inflection points of maximum pessimism about a particular stock or industry.
Financial advisers should diversify into credit-risk strategies.
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