Tom Steinert-Threlkeld

The federal debt is "rising at a very unsustainable rate,'' he told attendees of the National Investment Company Service Association 29th Annual Conference & Expo at an afternoon keynote.

Letting the net value of assets in a money market fund would "change the shape and form" of such funds -- and could create system risk, according to Maria F. Dwyer, the chief regulatory officer of MFS Investment Management.

After the flat decade that stock-based mutual funds have had and with post-World War II baby boomers starting to retire, "it's all about income now," said Matt Witkos, president of Eaton Vance Distributors, at the opening of the National Investment Company Service Association 29th Annual Conference & Expo.

The 29th Annual National Investment Company Service Association Conference & Expo opens Monday, with NICSA president Theresa Hammacher launching two assessments of the state of the fund industry.

SunGard Data Systems said it introduced a mechanism for tracking leaks of company information through social media. The capital markets software supplier said a new surveillance product will help organizations watch for "content that may breach internal communication and privacy policies.''

The SEC's Chairman declared Friday that the Wall Street firms it is supposed to watch and prevent from disrupting increasingly high-speed digitally driven markets spend far more on technology than the Securities and Exchange Commission has at its disposal for all its functions.

NYSE Euronext said that its equities trading in the U.S. and its derivatives trading worldwide were down in January, compared to a year ago. But there were bright spots, particularly compared to December.

The $10 million is part of a settlement announced Thursday with the SEC, which charged the company with "failing to reasonably supervise its registered representatives" when the Reserve Yield Plus Fund saw the value of its shares fall below $1 in the midst of the credit crisis erupting at the time.

Months ago, signing up Colin Powell to be the keynote speaker on the first morning of its national conference would have been (and still is) a coup for TD Ameritrade Institutional.

The Commodity Futures Trading Commission and the Securities and Exchange Commission both say they lack the resources to implement the responsibilities thrust upon them by the Dodd-Frank Wall Street Reform Act. Here are the numbers. You judge how they stack up.

Assets held in exchange-traded funds crossed $1 trillion for the first time, at the end of January, according to statistics kept by the National Stock Exchange.

The Securities and Exchange Commission Wednesday said it would start the process of setting rules for how security-based swap execution facilities will operate and how registration of such facilities will work.

It doesn’t take a rocket scientist to figure this out: Without a new tax on the securities industry, there won’t be reform of same.

Goldman Sachs Group said Tuesday that its electronic trading business is introducing an order type that automates the process of placing binding orders of large blocks of stock in dark pools.

The London Stock Exchange has been working with British security services to investigate cyber attacks against it, that may have led to the postponement of a transfer to a new trading technology platform until February 14, according to a report in the Times of London.

The Virginia Attorney General’s Office is considering whether or not to sue The Bank of New York Mellon for allegedly defrauding the state’s public pension fund by overscharging for foreign exchange transactions.

The National Commission on the Causes of the Financial and Economic Crisis in the United States cast blame wide and far, in releasing its report Thursday on the causes of the 2008-2009 financial crisis. But not once in the 662-page report did high-frequency traders come up.

Commodity Futures Trading Commission member Bart Chilton told insittutional investors Wednesday that opponents of changes wrought by the Dodd-Frank Wall Street Reform Act are trying to block implementation of resulting rules by starving regulators of funding.

Companies are not following the leads of consumers. In the enterprise, Apple’s iPad tablets and iPhone smartphones are gaining ground against mobile devices based on Google’s Android operating system. And the biggest adopters of iPads and iPhones are financial services firms, according to a new activation report.

Commodity Futures Trading Commission member Michael V. Dunn said Wednesday that the regulator cannot fulfill all its new duties under the Dodd-Frank Wall Street Reform Act unless it gets more funding.