Practice

This week, the Hong Kong Securities and Futures Commission decided that effective Aug. 1, mutual fund advertisements will no longer need to be pre-approved.

Balancing saving for college and retirement has grown increasingly difficult in the recent generation, according to a research paper from Putnam Investments. The paper, called “College or Retirement? How to Calance Two of Life’s Biggest Savings Goals,” indicates a variety of reasons for this dilemma concerning families throughout America.

NEW YORK - The freewheeling days for hedge funds may be numbered.

WASHINGTON - Volatile market conditions and the credit crisis have put the hard brakes on new hedge funds. The number of hedge funds launched in the first quarter was the lowest for a quarter since 2000, while fund liquidations increased from a year earlier.

"I cheated my investors because I was afraid to admit my failure. I did not want the world to think I was not good enough and I did not want my family to see me as a failure."

Cash-strapped banks are hoping the Federal Reserve will loosen restrictions keeping private-equity firms from giving them capital, according to The Wall Street Journal.

Massachusetts Secretary of the Commonwealth William Gavin charged UBS AG's UBS Securities, LLC and UBS Financial Services with fraud and dishonest conduct regarding the firms’ retail sales of auction-rate securities.

Retirees may need more money than previously expected in order to cover all their health care costs, according to a supplemental study released Thursday by Fidelity Investments.

Securities and Exchange Commission Chairman Christopher Cox announced this week that the SEC will be conducting an internal inquiry into the structure of its current disclosure system, creating a “fundamental rethinking of financial disclosure.”

When things start to go bad in the stock market or the economy in general, previously ignored things like mutual fund fees can suddenly irk investors.