Practice

While legal experts still question the suit now taken up by Michigan, Oklahoma and South Carolina, their participation helps to build momentum in the legal fight over Dodd-Frank.

The firm has poached two industry veterans from HSBC and Barclays as it looks to expand.

Total estimated inflows to long-term mutual funds were $6.12 billion for the week ended Wednesday, September 12, according to data from the Investment Company Institute.

The U.S. Department of Labor's new regulations on 401(k) fee disclosures will serve as a wake-up call to plan sponsors and participants alike, once they stop hitting the snooze alarm, that is.

CLS Investments, a third party money manager, has promoted Todd Clarke to the position of chief executive officer.

Charles Schwab is looking to make a statement in the exchange-traded fund space, even if its CEO Walt Bettinger wants to downplay the significance of the move.

Washington Wealth Management added Domari Wealth Management, a breakaway team from Wells Fargo with $135 million in AUM and $1.4 million in revenue, to its newly formed Woodland Hills, Calif., office.

CEO John Stumpf offered candid views on monetary policy, the housing crisis, capital rules and even consumer protection during a panel discussion late Wednesday.

Cynthia Egan, head of retirement plan services at T. Rowe Price, is retiring on December 31.

For those in the business of providing investment advice, the situation in the nation's capital is getting serious. With Washington gridlocked and steeped in uncertainty over a series of tax cuts set to expire at the end of the year, members of the Senate Finance Committee and House Ways and Means Committee met for a joint session to consider a critical and contentious facet of the tax code: capital gains.