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On August 7, 2012, AdvisorShares will begin trading its QAM Equity Hedge ETF (NYSE:QEH) on Wednesday, August 8.
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On August 7, 2012, Morrison & Foerster has added two Of Counsels to its Denver office.
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On August 7, 2012, RiverNorth Capital Managementhas launched the RiverNorth/Manning & Napier Dividend Income Fund (RNDIX, RNMNX). The fund will be sub-advised by Manning & Napier Advisors.
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On August 7, 2012, The Segal Company today said that its founder and Chairman Emeritus, Martin Segal, has passed way. He was 96 years old.
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On August 7, 2012, As legal eagles-including regulators, cops and attorneys-continue to swoop down for the kill in the wake of the LIBOR debacle, asset managers still struggle to gauge the scandal's impact on their investments.
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On August 6, 2012, Invesco has added the Invesco Global Opportunities Fund (IAOPX) and Invesco Select Opportunities Fund (IZSAX) to its U.S. open-end mutual fund equity product line.
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On August 6, 2012, Buffalo Funds is looking to take its family of ten no-load mutual funds to the next level with the addition of Tony DeMarino as Head of Global Distribution in June.
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On August 6, 2012, Chairman Mary Schapiro said she is asking SEC staff to propose a rule that will require exchanges and market centers to ensure the capacity and integrity of the systems they operate.
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The investors who bailed out Knight Capital Group Inc. by purchasing $400 million in convertible securities are gaining control of the biggest trading partner for individuals in the worlds largest stock market.
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On August 6, 2012, The Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and shutter nine exchange-traded funds due to the funds inability to attract sufficient investment assets.
August 6