-
Three years ago, just before the credit crisis, many Americans were using home equity lines of credit like cash machines. And at that time, Bank One, now part of JPMorgan Chase, proposed allowing individuals to withdraw small sums from their 401(k) retirement plans through debit cards.
February 7 -
New York Life Insurance has hired three in its retirement income security group.
February 7 -
PHOENIX-Exactly who will create and enforce a new, uniform fiduciary standard for not just brokers, but investment advisers, as well?
February 7 - Money Management Executive
Cloud computing. Mobile devices. Social media. They're arguably the three hottest topics in technology today.
February 7 - Money Management Executive
With the Securities and Exchange Commission beginning to post money market funds' shadow net asset values last Monday on Form N-MFP, fund companies and even the Investment Company Institute have been actively trying to educate investors about small variances in value down to the fourth decimal point to prevent investor concerns and possible redemptions.
February 7 -
SAN DIEGO – After a difficult three years, advisers have a lot to be optimistic about.
February 4 -
AXA Rosenberg said it agreed to pay $217 million to cover investor losses as well as a $25 million civil penalty, in a settlement with the Securities and Exchange Commission regarding a coding error with its risk model.
February 4 - Money Management Executive
NYSE Euronext said that its equities trading in the U.S. and its derivatives trading worldwide were down in January, compared to a year ago.
February 4 -
Tax-exempt money market funds fell $2.34 billion to $324.39 billion in net assets in the week ended Jan. 31, according to the iMoneyNet's Money Fund Report.
February 4 - Money Management Executive
TD Ameritrade has agreed to distribute approximately $10 million to customers who continue to hold shares of the Reserve Yield Plus Fund, a mutual fund which famously "broke the buck" on the net value of its assets in September 2008.
February 3