Commonwealth Financial Network and LPL Financial LLC are contending with potential fallout from a real estate private placement they sold that faces pressure from its creditors.
U.S. two-year note yields increased from a record low yesterday as the Labor Department said the U.S. added 117,000 jobs, up from a revised 46,000 gain in June and compared with the 85,000 forecast in a Bloomberg News survey.
Van Hulzen Asset Management's new Iron Horse Fund will follow an options strategy that the $250 million shop has been applying in separate accounts for nearly a decade.
Sources say traders at Morgan Stanley lost tens of millions of dollars in a big wager on inflation. Apparently, the bank is still working to get out of the bets.
Financial advisers might want to consider their options with regard to cash management if for no other reason than peace of mind.
Despite a spotty record -- and a market rebound -- investors are pouring money into risk-reducing vehicles.
Alternatives are such an integral part of Matrix Wealth Advisors Inc.'s philosophy that the fee-only firm has a pooled fund devoted to the category
Currency and stocks should see boost if debt-ceiling is not raised, Templeton boss predicts
Pimco's Bill Gross said U.S. lawmakers "don't get" the long-term implications of deficit reduction even if a resolution is reached to lift the debt ceiling.
After waiting for months and in some cases years, fund companies are starting to see progress on their applications to launch actively managed exchange-traded funds, according to several fund executives
Aggregate wagers against the greenback rose for the fourth consecutive week, data from the CFTC show.
Massachusetts' top securities regulator is suing RBC Capital Markets LLC and one of its former registered representatives over the sale of leveraged exchange-traded funds, saying they sold them to clients who didn't understand how the investments worked.
Addressing an issue that many thought had been resolved several years ago, Massachusetts last week filed an administrative complaint against RBC Capital Markets LLC and one of its former brokers, Michael Zukowski, for “dishonest practices in selling leveraged and inverse leveraged ETFs"
Moody's places five Aaa issuers under review for possible downgrades. The reason? The states are vulnerable to cuts in federal spending, the rating agency says.
Clients of a prominent Bank of America Merrill Lynch broker have won an $880,000 arbitration award against the firm.
Over the past year, traders and money managers have been predicting disaster for U.S. Treasuries. So far, the rout has failed to materialize. In fact, Uncle Sam's bonds have nearly tripled the return of other sovereign debt offerings during the past twelve months.
