- Money Management Executive
New York Attorney General Eliot Spitzer may file a civil lawsuit against former New York Stock Exchange Chairman Dick Grasso in an attempt to recoup some of his $140 million pay deal.
January 9 - Money Management Executive
If proper monitoring of fund flows had taken place, much of the market timing that has marred mutual fund firms may have been much easier to detect, Securities and Exchange Commission Chairman William Donaldson said Wednesday.
January 9 - Money Management Executive
Strong Capital took one step closer to selling off its assets, as six bidders, mostly U.S. banks, reportedly threw their hats in the ring before the firms imposed deadline.
January 9 - Money Management Executive
Bank of America Corp. announced the appointment of a new general counsel Wednesday to replace the retiring Paul Polking.
January 8 - Money Management Executive
If shareholders are to receive increased power on corporate boards, as a new proposal suggests, it will not be before a serious public discussion by the Securities and Exchange Commission examines the pros and cons.
January 8 - Money Management Executive
Even with the Nasdaq and S&P 500 at two-year highs and the Dow Jones Industrial Average comfortably above the 10,000-mark, almost two-thirds of public company employees said they would not shift strategies within 401 (k) plans, according to a survey by the benefits firm Clark Consulting.
January 8 - Money Management Executive
The mutual fund scandal dominating retirement plan news for recent months has prompted employers to focus more closely on 401(k) participants making rapid trades.
January 8 - Money Management Executive
Strong Capital took one step closer to selling off its assets, as six bidders, mostly U.S. banks, reportedly threw their hats in the ring before the firms imposed deadline.
January 8 - Money Management Executive
The Arbitrage Fund, which plays by the mergers and acquisitions risk arbitrage strategy, will close its doors to new investors beginning Jan. 30. And as of Feb. 27, its sister fund will also close.
January 7 - Money Management Executive
Money Management Executive has put together a two-minute questionnaire on the ongoing fund scandal. Weigh in with your own thoughts, including how well you think your trade organization, the Investment Company Institute, is handling the news. Click here: http://www.mfmarketnews.com/poll.cfm
January 7