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William Galvin, Secretary of the Commonwealth of Massachusetts, last week called out Charles Schwab & Co. for recently changing up its customer arbitration agreements by striking its investors' ability to join class action lawsuits.
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Much ado has been made about the splashy start this year for equity funds.
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Should mutual funds be backing off on holdings in gun and armament makers?
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Is there an actual fee war being waged among exchange-traded fund providers or are fees being adjusted merely according to standard operating procedure?
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In first seven weeks of the year, $30 billion flowed in to equity mutual funds.
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While U.S. investors remained net purchasers of mutual fund assets for the week ended Feb. 27, political uncertainty seems to have shaken them somewhat.
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Are active exchange-traded funds just a gimmick? And is there a resolution in sight for any potential further reform of the money market mutual fund industry?
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New York Life, the parent company of Mainstay Investments, has hired Don Desiderato as senior managing director and chief technology officer.
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ALPS has launched the U.S. Equity High Volatility Put Write Index Fund (HVPW), which tracks the NYSE Arca U.S. Equity High Volatility Put Write Index.
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Investors in Los Angelesbased FPA funds will be glad to hear that effective April 1, all of the FPA Funds will be available as no-load funds.
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