Breakaway brokers boosting business; market share now at 8.3% and rising
Gaps in the efficient markets theory create plenty of investing opportunities — even in some of the world's largest companies, according to David Rolfe, chief investment officer at Wedgewood Partners Inc., which has $775 million under management.
The biggest risk investors now face is becoming too conservative at a time when equities present a potential long-term advantage, according to new research from MFS Investment Management.
The next three weeks could set the tone for financial markets for the rest of the year
The S&P 500 could fall by as much as 8% over the next three weeks, followed by a 22% rally to close out the year, according to Uri Landesman, president of Platinum Partners LP, a $500 million hedge fund shop.
It is likely that nothing will be known about the tax rate for 2011 until after the November elections. History shows us that if everyone knows that taxes are going up, taxpayers will employ strategies to accelerate income into this year.
Slate of independent candidates from small firms elected; series of proxy proposals also approved
Brokers generally have no problem with improving disclosure, but they and other critics contend that the agency is neglecting to shine a light on other mutual fund expenses and practices that cost investors money.
Proxy proposals seeking to shed more light on the Financial Industry Regulatory Authority Inc. have emerged as a hot-button issue in the self-regulator's election for seven open board seats.
An unfair regulatory system is hurting small brokerage firms and needs to be changed, according to candidates running for seats on the board of the Financial Industry Regulatory Authority Inc.
Rhonda Breard, Washington state adviser – and local celebrity – accused of stealing $8M from clients
Peter Santoro, head of institutional markets at Citadel Investment Group LLC's investment banking arm, has left the firm.
Equities are outperforming junk bonds by the most in a decade — but investors continue to pull assets out of equity mutual funds
Contrary to popular belief, markets thrive on a little confusion
Large caps keep on rolling, while bond rally loses steam; economy will surprise 'on the upside'
B-Ds' account statements come under scrutiny; further guidance from regulator possible
Morgan Stanley, owner of the world's largest brokerage, reported a third-quarter loss of 7 cents a share after writing down a stake in Revel Entertainment LLC, an Atlantic City casino project.
Industry group cobbling together best practices for private placements; sponsor-supplied reports not sufficient
