Portfolio

Nasdaq OMX Group and a unit of Canada’s TMX Group said they are developing a family of capital markets indices based on U.S. Treasury instruments that will be rebalanced daily, instead of monthly.

Commodity Futures Trading Commission chairman Gary Gensler said Monday he recused himself from the regulator’s probe of the failure of derivatives player MF Global, because “I didn't want my participation to in any way be a distraction.''

Commodity Futures Trading Commission chairman Gary Gensler said Monday he recused himself from the regulator’s probe of the failure of derivatives player MF Global, because “I didn't want my participation to in any way be a distraction.''

Krawcheck calls for more diverse perspectives -- not necessarily based on gender or race -- and talks about the importance of appealing to younger investors put off by the struggling economy and Wall Street scandals.

The whipsaw of stock prices this year is not due to faulty functioning of markets, say exchange operators. Tinkering with market data or other parts of a "highly tuned engine" must be carried out carefully, as a result, said Goldman Sachs' head of U.S. equities trading.

"A Random Walk Down Wall Street," written by Princeton economist Burton Malkiel, was first published in 1973.

The owners of the Standard & Poor’s Indices and the Dow Jones Indices said they will create a joint venture in index services.

Eileen Rominger, director of the SEC's division of investment management, testified last month before the U.S. Senate that the commission is reviewing whether the widespread use of exchange-traded funds is contributing to market volatility.

The Dow Jones Industrial Average fell Friday, finishing the week down 247.87 points to 11983.24 and ending a five-week winning streak. Stocks slipped 61.23 points on Friday.

Altegris Futures Evolution Strategy Fund brings together two managed futures managers, Winton Capital Management and ISAM, with fixed income manager Jeffrey Gundlach.