Practice

Putnam Investments has launched a content-rich Roth IRA Conversion Resource Center, Putnam.com/roth2010, aimed a financial advisers.

Putnam Investments has launched a content-rich Roth IRA Conversion Resource Center aimed at financial advisors.

The agreement with the Motley Fool has a clear financial advantage for the Garrett Network, which spends just $10,000 a year marketing its advice to financial advisors who might join the group.

Critics pan plan to limit growth and risk as vague and unworkable

The Depository Trust and Clearing Corp. has enhanced its mutual fund services to include 529 college savings plan information in a streamlined manner for broker/dealers and other financial distributors. New functionality has been added to the transactional hub Fund/SERVE and to network account reconciliation.

Claim SEC Exceeded Its Authority

Federal Deposit Insurance Corp. Chairman Sheila Bair said the FDIC may shelve its use of rating agencies in setting insurance premiums for large banks.

Among the many losers in Massachusetts' special election this week: the Obama administration's bank tax.

With so many investors burned by the across-the-board dismal performance of 2008 and continued volatility into 2009, more are likely to conduct due diligence on hedge funds and exercise greater market discipline, said speakers at a recent conference hosted by Cayman Islands law firm Walkers.

The Supreme Court decided not to review a 401(k) fee lawsuit against Deere and Fidelity that was dismissed by a U.S. District Court in 2007, and again rebuffed a U.S. Court of Appeals a year ago.