Practice

The Securities and Exchange Commission is in the early stages of a major examination into the operations of hedge fund companies and investment banks that engage in high-frequency trading.

The Securities and Exchange Commission this week said it’s in the early stages of a major examination into the operations of hedge fund companies and investment banks that engage in high-frequency trading.

At a time when jobs are hard to find and raises are paltry, employers are looking to their 401(k) plans to better serve their workers. And, according to Charles Schwab, many employers are adding plan features to drive participation and savings.

Fidelity Investments’ RIA custodian business has announced a new tool, Technology Investment Evaluator, to help advisors run their businesses more efficiently.

At a time when jobs are hard to find and raises are paltry, employers are looking to their 401(k) plans to better serve their workers.

Now almost 30 years old and seemingly back at the top of her game, why would the pop superstar still need her father to serve as her conservator? One company claims it’s simply a ploy to duck a deposition in a multimillion-dollar lawsuit.

The dotcom crash and the Great Recession have taken a serious and lasting toll on the risk appetites of Generation Y, according to the latest MFS Investing Sentiment Survey. This generation, between the ages of 18 and 30, are “investing more like their parents and grandparents, many of whom grew up in the shadows of the Great Depression,” said William Finnegan, senior managing director of U.S. retail marketing for MFS.

The Securities and Exchange Commission said it will seek public comment on a plan to conduct retrospective reviews of its existing regulations.

Fidessa said on Tuesday that Ruffer LLP, a London-based investment management company, has gone live with its Buy-side Workstation to execute trades in global markets through 50 broker-dealers.

Many financial advisors look for opportunities to win the 401(k) business of local employers because it both provides them with some immediate revenue and, more important, steers cross-selling business their way as employees get to know them and turn to them for financial advice -- especially as they retire and bring them their rolled-over assets to invest.