Money Management Executive Latest News

The SEC has ordered broker-dealer FTN Financial Securities to pay nearly $2 million for allowing a registered investment advisor, Sentinel Management, to defraud its clients through a reverse repurchase transaction.

The Investment Company Institute on Monday sent a letter signed by 32 leaders of the fund industry, to the co-chairs of the Super Committee, or the Joint Select Committee on Deficit Reduction.

Eight in 10 advisers who sell annuities report that they are having more client discussions about retirement income planning than they did five years ago. And those discussions are becoming more emotional, according to a new report, “The Evolution of the Annuity Industry," released by the Insured Retirement Institute (IRI) and Cogent Research.

It’s perhaps the ultimate irony when a financial advisoer files for bankruptcy. But the CFP Board finds it is happening more and more often. Of 103 disciplinary hearings the board held last year, an estimated 25% of planners involved had filed for bankruptcy. In 2011, that number jumped to about a third.

The volatility that has gripped the markets in the wake of the 2008 financial crisis has changed the investment management game forever.

For more than a year, Republicans have been hammering Democrats for what they say are the hefty economic costs of new financial regulations.

Governments are falling, bond yields are zigzagging by whole percentage points and markets around the world are locking up. The eurozone turmoil risks turning into a global crisis.

And you thought the U.S. stocks were out of favor.

"Emerging markets are just a niche asset class" persistently remains as one of the five biggest myths about investing in emerging markets, said John Flint, chief executive officer of HSBC Global Asset Management.

Investment banking and brokerage firm Stephens Inc. has named John Baumgartner managing director and co-head of equity capital markets.