Practice

A recent study indicates the housing crisis has worsened an already-precarious financial condition.

The Securities and Exchange Commission charged a Colorado investment adviser with deceiving elderly clients about the safety of putting their money into hedge funds.

The SEC is likely to revise its approach to circuit breakers to include a “careful review” of price bands that limit how far up or down the price of a stock can move at any given time.

The Securities and Exchange Commission will kick off its much-awaited series of hearings on the municipal market this month, holding the first on Tuesday, Sept. 21, in San Francisco.

The Securities and Exchange Commission is likely to revise its approach to circuit breakers on the nation’s equities exchanges, to include a “careful review” of price bands that limit how far up or down the price of a stock can move at any given time.

Putnam Investments requested Congress pass two recently-introduced bills that would require employers to automatically enroll employees in a payroll-deduction IRA.

Represented by an influential lobbying group, broker-dealers are striking out against proposed regulations which would require them to adhere to an equal “fiduciary” standard with registered investment advisors in giving advice to retail investors.

JPMorgan Securities picked up a $3-million team of veteran advisors from Morgan Stanley Smith Barney.

The Boston fund company said that legislation in both the Senate and the House could extend retirement savings coverage the “nearly half of all American workers who have no retirement savings plans through their jobs today.”

Argues it wasn't the only money market fund to break the buck.only