Practice

In the end, solutions must be broadly equitable in the broadest sense.

James Hertz, a former vice president and marketer in JPMorgan’s municipal derivatives group, pleaded guilty Tuesday to three criminal counts for engaging in bid-rigging and fraud conspiracies connected with guaranteed investment contracts and other municipal finance agreements, the Justice Department announced.

The London Stock Exchange Group said UBS AG became the first international bank to begin directly reporting market data usage, in real time.

The Securities and Exchange Commission’s insider trading sweep leaped across the Atlantic Ocean, with a former tax partner at Deloitte LLP charged with leaking confidential information on potential mergers to family members in London.

The Securities and Exchange Commission has set the timetable and ground rules for when and how some mid-sized investment advisors can deregister with the federal regulatory agency and be overseen by state regulators.

State Street said it will cut 5% of its work force, as it accelerates its investment in new technologies such as "private processing clouds."

Rep. Randy Neugebauer, R-Texas, is gearing up to play a leading role on the House Financial Services Committee next year — to ensure that regulators do not overstep their bounds.

The formula employers use for their matching contributions in their 401(k) plans serves as a strong cue to workers for how much to contribute, analysis by The Principal finds.

Client segmentation and scheduled marketing campaigns are key to efficient communications, Dan Kraus says.

Sponsors would have to disclose a fund’s asset allocation and how that changes over time.