Prospectus warned that the exchange-traded note has 'zero long-term value,' Thiam says.
Stocks have lagged amid skepticism about the Trump administration's plan.
Agency has the ability to detect share-class issues using data-driven initiatives.
Equity mutual funds beat benchmarks across the board, with the large-cap growth category doing best.
ProShares volatility-linked fund took in more than $500 million last week.
TDFs now account for 20.4% of defined-contribution-plan assets, up from 18.4% in year-earlier period, according to Pensions & Investments survey
SPDR S&P 500 exchange-traded fund saw outflows amounting to 8% of its total assets last week.
Enforcement division giving advisers until June 12 to declare intentions to self-report fiduciary violations and make financial restitution.
The changes increase mutual funds and ETFs' appeal to small retirement plans, too
Tax-exempt money fund assets have grown almost $7 billion so far this year.
Customers can sell out of existing positions, but can't buy into the funds, company says.
More than $46 billion went to taxable bonds last month, versus $17 billion flowing into stock funds and ETFs.
Over the past week, 401(k) participants have been trading much more than usual, moving from equities into fixed income and money funds.
The market sell-off highlights the virtues of hedging.
Exchange-traded products tied to volatility were a 'major driver' of Monday's mayhem.
Credit Suisse to redeem volatility note; more than a dozen other funds have suspended trading
The value of the XIV exchange-traded note plunged more than 80% in late trading Monday
Stocks took a beating in recent days amid concerns that a healthy economy could trigger higher inflation. Here's how the 50 largest funds, ranked by assets, performed. <b><i>(More: <a href="http://www.investmentnews.com/article/20180206/FREE/180209949/stock-market-sell-off-takeaways-to-share-with-clients" target="_blank">Stock market sell-off: Takeaways to share with clients</a>)</b></i>
Pricing nontraded shares is often more art than science.
RIA that was sued by asset manager wins case on appeal