Money Management Executive Latest News

The Depository Trust & Clearing Corp. typically is at the center of every major industry change towards operational efficiency in U.S. securities markets, particularly the clearing and settlement of transactions.

Four Canadians and two Americans were charged with swindling $300 million from investors who believed they were putting money into a gold mining operation.

Don's Miss Money Management Executive's JPMorgan News in This Week's Issue: http://www.mmexecutive.com/issues/18_23/jpmorgan-beefs-up-bond-fund-business-207063-1.html

Don't Miss This Week's "Retire Rich" Blog on How Mutual Fund Complexes Can Advance Their IT and Sales & Marketing Depts. to Align Themselves With Investors in a Truly Meaningful Way:

Van Eck Global announced that, effective June 9, it has reduced the expense caps on three of its Market Vectors exchange-traded funds.

Morgan Stanley Smith Barney’s battle with Merrill Lynch is heating up as both firms sweeten their recruitment packages.

Household ownership of municipal bonds catapulted over the $1 trillion mark for the first time ever in the first quarter of 2010. Meanwhile, foreign investors seeking a greater footprint in the municipal market via taxable Build America Bonds held $71.9 billion in their largest-ever presence in the market, according to new Federal Reserve data released yesterday.

WASHINGTON — Senate Banking Committee Chairman Chris Dodd Wednesday endorsed a proposal to force banks to spin off their derivatives desks, saying Sen. Blanche Lincoln's primary win this week had increased odds some form of it would be in the final regulatory reform bill.

It is no secret that the financial services world is in the midst of an arms race to service Baby Boomers as they enter the next phase of their investing lives.

Boston Private Financial Holdings Inc. announced Tuesday Clayton G. Deutsch will succeed Timothy L. Vaill as chief executive officer and president on July 31.