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The Securities and Exchange Commission and the Commodity Futures Trading Commission have created a joint panel to study last Thursday's mysterious "flash crash," as well as other emerging regulatory issues.
May 11 -
New York Attorney General Andrew M. Cuomo filed a lawsuit Tuesday against the hedge fund division of Ivy Asset Management, a unit of Bank of New York Mellon Corp., and two of its executives alleging they “deliberately” mislead clients about investments tied to Bernard L. Madoff.
May 11 -
Supreme Court nominee Elena Kagan filed a briefing with the high court last year asking it not to accept an appellate decision affirming the Gartenberg standard in the Jones vs. Harris Associates case.
May 11 -
Evidently, less is not more when it comes to investment advice in 401(k) plans.
May 11 -
Fidelity has promoted Abigail Johnson, president of personal and workplace investing, to president, personal, workplace and institutional services—effectively in charge of all distribution channels, and hired BNY Asset Management President and CEO Ronald P. O’Hanley to head asset management and corporate services.
May 11 -
Investment managers rely on an array of electronic tools to execute the most complex program trading and algorithmic trading strategies. And brokerage firms and banks can pretty much communicate with their institutional clients electronically in a matter of minutes if not seconds or even microseconds.
May 10 -
In retirement, employees will need 15.7 times their final pay when factoring in inflation and postretirement medical costs, according to a study by Hewitt Associates.
May 10 -
A majority of online investors polled by web-based brokerage firm TradeKing have a more bullish stance on the stock market for the rest of this year.
May 10 -
New rules and technology, trends among Baby Boomers and the Great Recession have led to a burst in Roth individual retirement account conversions.
May 10 -
As the Securities and Exchange Commission is moving quickly to impose new regulations on derivatives in mutual and exchange-traded funds, it is important to know that derivatives have become an important tool, said F. William McNabb II, president and chief executive officer of Vanguard Group.
May 10