Investors who have had access to Mario Gabelli's stock-picking expertise for years through Gamco Investors Inc., the Gabelli family's asset management company, now have access to the family's fixed-income expertise.
Branding trumps performance in the fund world, according to the results of the latest <i>InvestmentNews</i> broker-dealer survey. Advisers prefer American Funds, despite spotty performance, while Vanguard emerges strong. <a href=http://www.investmentnews.com/article/20110123/REG/301239996&issuedate=20110121&sid=BD0121) More on the mutual fund results here,</a> and more on the <a href=http://www.investmentnews.com/section/specialreporttemplate?sid=BD0121&issuedate=20110121>B-D special report here.</a>
Regulators are clamping down on municipal bond isssuers related to political contributions they or their employees have made in states where they have underwritten bonds
QA3 Financial Corp., already enmeshed in a dispute with its insurance company, has lost a $1.6 million arbitration claim to an elderly couple who invested in real estate deals that went bust
The Financial Industry Regulatory Authority's top executive said federal regulators are “very likely” to force U.S. brokers to meet stricter requirements for acting in the best interests of their clients.
Manulife Financial Corp.'s pre-crisis decision to scrimp on hedging for its variable annuities book appears to be coming back to haunt the Canadian company.
American International Group Inc. is at a point in its recovery where the insurer's next chief executive will be able to focus on running day-to-day operations rather than crisis management, observers said.
The ranks of independent broker-dealers grew 4.7 percent in 2010 and in an industry dependent on high-touch financial advice, bigger means better in terms of bringing in new business.
The uniform standard of fiduciary duty called for by the Securities and Exchange Commission staff last week is likely to throw a wrench in the wirehouse business model
Affluent investors stampeded to convert IRAs to Roth IRAs last year, particularly at the end of 2010.
The Securities and Exchange Commission has charged a 77 year-old Amish financial adviser with defrauding his fellow Amish in an investment scheme that allegedly went on for 24 years.
Melding the search results of the two systems the public uses to look up information about financial advisers and broker-dealers will make it easier for investors to investigate their financial professionals, according to an SEC staff report released last week
The devil, as the old saying goes, is in the details
Return to 2008 spending levels likely to hamstring SEC's — and others agencies' — ability to conduct studies, write new regs
R.J. Parsons put stop-loss orders on his 5,000 shares of MannKind Corp. (MNKD) thinking they would protect him from losing a chunk of his investment
In a sign that he wants to appear tough on Wall Street, Manhattan District Attorney Cyrus Vance Jr. said that he will seek harsher penalties, including mandatory prison time, for people convicted of major securities fraud in New York
Notwithstanding a recent crackdown by the SEC, the market for life settlements — which froze during the credit crisis — is beginning to warm up
Whichever team walks away victorious from the Super Bowl, investors are likely to be the winners
Danny Sarch is entitled to pursue his blatant commercial self-interest through his regular attacks on Morgan Stanley Smith Barney, but he is not entitled to make false statements. In addition to inaccurate calculations regarding cash deferrals, his claim that “nobody ever suggested” branch manager bonuses “would be in anything other than cash” is untrue. <a href=http://www.investmentnews.com/article/20110125/BLOG01/110129981> (Read Mr. Sarch's Jan. 21 posting.)</a>
