Practice

Sen. Sherrod Brown has introduced a bill that would tax more Wall Street bonuses than similar legislation introduced a week ago.

WASHINGTON — Creating the infrastructure for regulators to collect and analyze data necessary to monitor systemic risk is going to be costly and complicated, Federal Reserve Board Gov. Daniel Tarullo told Senate subcommittee members on Friday.

WASHINGTON — Having successfully ushered Federal Reserve Board Chairman Ben Bernanke's troubled confirmation through the Senate, the Obama administration must soon consider how best to fill other key financial regulatory positions.

Fund managers should consider improving target-date fund disclosure to better align these products with the individual risk tolerance of investors, particularly in light of increased regulatory scrutiny over the performance of these funds in 2008, a retirement income expert says.

RR Donnelley has added another mobile application to its suite for mutual fund and annuity companies, broker/dealers and financial advisers, the iCOMPLi iPhone app that makes it possible to send a SEC-compliant prospectus, summary prospectus or statement of additional information to an investor.

Many advisors who are interested in social media are kept on the sidelines by their fear of wasting too much time in addition to uncertainty over the effectiveness of social networking.

Wells Fargo has inherited Wachovia’s fight over defecting brokers. Can it succeed?

New regulations are aimed to boost resilience of money market funds.

Putnam Investments is betting that actively managed products like its absolute-return funds will resonate more with skittish investors than index funds and exchange-traded products, which might be cheaper but mirror the market's volatility.

WASHINGTON — Senate Banking Committee Chairman Chris Dodd is not the only lawmaker who stands to lose if a regulatory reform bill is not enacted this year.