Preferred Apartment Communities Inc. is selling nontraded preferred shares to help fund its growth, giving brokers a 7% commission.
While the system provides access to up-to-date and accurate information on an adviser's record, it also publishes mere accusations, convenient settlements and decades-old misdemeanors.
JBG Cos. to acquire New York REIT Inc., creating an $8.4B real estate company focused on New York and Washington-area properties. <b><i>(More: <a href="http://www.investmentnews.com/article/20160526/FREE/160529941/new-york-reit-shares-plunge-after-analysts-question-jbg-cos">New York REIT shares plunge after analysts question JBG Cos. acquisition</a>)</i></b>
The agency is scrutinizing ETFs because of instances of sharp volatility, and has launched an initiative to evaluate how mutual funds can better inform investors about costs.
The rise of passive asset management threatens to fundamentally undermine the entire system of capitalism, say analysts at research and brokerage firm Sanford C. Bernstein & Co.
New regulation was catalyst for broker-dealer to impose uniformity, says LPL Financial's Mark Casady.
Passive is leading now, but there is still hope for active management
The DoubleLine Shiller Enhanced CAPE fund had a net inflow of $117.07 million in July, its largest ever.
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He will begin Aug. 15, at about the same time Robert Cook, a former division director at the SEC, takes over as chief executive.
Nearly three years after he was thrown out of the securities industry, the adviser has filed another appeal.
The Labor Department's conflict-of-interest rule is upping plan sponsors' concern for their fiduciary duty.
Family benefits account for a much smaller percentage of Social Security outlays today than they did in the past.
ERISA attorneys say the judge's decision was a complete rebuke of classic arguments in excessive-fee suits, and could provide fodder for the defense in future trials.
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One attorney called the lawsuit an "attack" on the investment-management structure within variable annuities.
