Legislation requiring hedge funds to register with the Securities and Exchange Commission will be reintroduced by the ranking minority member of the Senate Finance Committee.
David M. Greene, an alleged Ponzi scheme promoter, is being held in civil contempt for failing to provide documents and information to the SEC.
SEC enforcement settlements are projected to reach a three-year high in 2008, according to a study issued today by Nera Economic Consulting.
Financial advisers are worried that if more employers eliminate 401(k) matches, it will cause already cash-strapped and worried clients to reduce or halt their contributions.
More than half of employers that offer "unbundled" 401(k) plans intend to add to their lineup of investment options over the next year, according to a new report.
President-elect Barack Obama deserves congratulations — and a warning to be careful what you wish for in this life.
Once again, it is about the plumbing.
Financial services companies continue to increase their technology spending despite rocky markets and an anemic economy.
UBS Financial and two units of CitiGroup Inc. adopt DTCC's standards-based managed-account system. SEC complees taxonomies for fund prospectuses.
The incoming Obama administration is likely to act quickly to kill the Bush tax cuts for households with incomes over $250,000 a year, and they may move to make any new tax law retroactive to Jan. 1, 2009.
Running on New York-area news radio stations these days is a commercial for a municipal bond offering by a special-purpose New York City taxing authority.
Many institutions and individuals share responsibility for the mortgage crisis and the meltdown that followed: Congress, several successive presidential administrations, top executives at Fannie Mae
By now, even the most ardent advocates of asset allocation have to be asking themselves whether they should just go to cash and wait for saner times.
The Securities and Exchange Commission is expected to approve a controversial rule that would make dismissing arbitration cases more difficult.
With the equity market wreaking havoc on retirement portfolios, advisers are helping clients reassess their priorities and determine which objectives to fund first.
Seven in 10 financial advisers prefer working for a nationally recognized company over an independent advisory firm, according to a yet-to-be-released survey.
In the 12-month period through early October, 401(k) plans and individual retirement accounts dropped in value by $2 trillion due to market volatility, and a new study questions whether retirement accounts are too exposed to market risk.
Fund companies and service providers are offering webinars, seminars and handouts to help advisers handle the onslaught of questions they're getting from 401(k) participants and employers in this volatile market.
Advisers tell me that broker-dealers are not created equal when it comes to technology support.
