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NEW YORK - A lot of people are wondering when the U.S. will adopt the same international standards for financial reporting that Europe and the rest of the world seem to be moving toward.
August 4 -
Massachusetts sued Merrill Lynch on July 31 on the charges of fraud and dishonest and unethical conduct, Reuters reports.
August 1 -
Luis A. Aguilar, a former partner at McKenna Long & Aldridge LLP in Atlanta, was sworn in as a member of the Securities and Exchange Commission on July 31.
August 1 -
Assets of money market mutual funds fell by $5.08 billion to rest at $3.502 trillion during the week ending July 30, according to the Investment Company Institute.
August 1 -
U.S. junk bond mutual funds saw net inflows of $153 million in the week ending July 30, according to AMG Data Services.
August 1 -
U.S. Rep. George Miller of California is probably the best friend 401(k) investors have on Capitol Hill.
August 1 -
Despite market opposition, Argentina recently cut tax breaks for mutual funds and financial trusts, satisfying the center-left government promise to raise taxes on financial earnings, Reuters reports.
August 1 -
The managed account solutions industry needs to adopt communications standards, according to a white paper from the Money Management Institute (MMI).
July 31 -
Pax World Management Corporation has settled charges by the Securities and Exchange Commission that two of its funds, Pax World Growth and Pax World High Yield, purchased securities that violated their fund policies.
July 31 -
The energy and commodities sectors have dropped significantly below their 200-day moving averages and are now in sell territory, says Tom Lydon, editor of ETF Trends and president of Global Trends Investment.
July 31