Practice

The Securities Industry and Financial Markets Association (SIFMA) said it supported changes in Securities and Exchange Commission rules that would improve disclosure and reporting on asset-backed securities.

Volatile equity markets are giving many investors a reason to sit on the sidelines. But members of Tiger 21, the peer-to-peer learning group for wealthy investors, like their stock plays and are sticking to them.

High net worth investors are integrating media devices, social media and social networking into their lives more than ever before, according to a new survey from the Institute for Private Investors (IPI). Other recent studies indicate that wealth management clients are increasingly using social media to compare notes on advisors, funds, fees, strategies and deals.

When presented with a choice of six ways to fix Social Security, Americans are looking to the rich to fix the system, according to a survey conducted by USA Today and the Gallup Poll.

The Securities and Exchange Commission wants mutual funds, exchange-traded funds and other registered investment companies to improve how they disclose their use of derivative contracts in their registration statements, shareholder reports and financial statements.

A survey indicates that most favor a heavier tax on the wealthy.

The Securities and Exchange Commission on Tuesday asked the financial services industry to comment over the next 30 days on whether there should be different sets of rules for broker-dealers and investment advisors vis-à-vis personalized investment advice to retail investors.

Bernie Madoff and financiers of his ilk have changed the landscape for hedge fund managers forever.

Regulators want it. Investors may want it more.

The Securities and Exchange Commission has accepted settlement offers from three former officers of New Century Financial Corp., the subprime lender that was one of the first to collapse at the start of the subprime mortgage crisis.