Portfolio

The Securities and Exchange Commission has paid $580,000 to settle claims by a former internal watchdog that he was fired in an effort to quash his investigations.

Shares of discount brokers are gaining the most since 2003 compared with the Standard & Poor’s 500 Index, a sign that small investors are joining the four-year bull market even after U.S. stocks suffered their biggest losses in six months.

For the second consecutive week, equity exchange-traded funds experienced net outflows, handing back some $2.8 billion, while conventional mutual fund took in $500 million.

Investors pulled more money from municipal bond mutual funds than they have all year as funds that report flows weekly recorded outflows of $1.47 billion for the week ending June 5.

Trading at 25% down from an all-time high of $1,921 per ounce, gold's recent prices may have you thinking that the bull run is over.

One year after the "untimely" death of Richard Aster, founder of Larkspur, Calif.-based Aster Capital Investment Management, the investment advisor is selling off its assets.

ProShares has added Ramesh Babu as chief technology officer and William Poulin as head of product management.

The Wilmington Rock Maple Alternatives Fund (WRAIX) is making due with one less advisor starting today.

Portland, Ore. and Omaha, Neb.-based FolioMetrix has renamed its FMX retail mutual fund family the RiskX funds “in favor of something that better reflects what the company does,” according to the firm.

New York-based W.P. Stewart & Co. has hired Michael Maquet as chief executive officer, effective June 10.