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Commissioners Daniel M. Gallagher and Troy A. Paredes say proposed reforms to money funds were unlikely to be effective.
August 29 -
Fidelity Investments today named Abigail Johnson president of Fidelity Financial Services, consolidating all of the companys core businesses under her leadership.
August 28 -
Global exchange-traded fund assets have increased by 13.9% from $1.35 trillion to $1.54 trillion year-to-date, through the end of July 2012.
August 28 -
With a new head of research on board, Lipper announced a new set of initiatives for the second half of 2012 that involves building out research and analytical tools.
August 28 -
Fixed income ETPs now account for 18% of global ETP assets, up from 7% in 2007 at the onset of the financial crisis, according to BlackRock.
August 28 -
Van Eck Global is prepping to launch the Market Vectors Short High-Yield Municipal Index ETF, which will replicate the Short High Yield Index, according to a Securities and Exchange filing.
August 28 -
The Board of Trustees of Rydex Series Funds has approved a revision of the principal investment strategies for the Trusts Managed Futures Strategy Fund.
August 28 -
Rydex is nixing its Long Short Equity Strategy Fund because of unfavorable market conditions, according to a Securities and Exchange Commission filing.
August 27 -
Forward has hired a new marketing chief in light of the defection of former president Jeff Cusack to Nuveen Investments.
August 27 -
T. Rowe. Price has opened a newly relocated investor center in downtown Washington, D.C., the Washington Business Journal reports.
August 27