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Chairman Mary Jo White told the general membership meeting of the ICI that the SEC will propose meaningful money market reform. And that developing its next round of reform measures will be made with international regulation in mind.
May 3 -
Old assumptions about referrals are mostly wrong, Julie Littlechild told advisors. Here are some of the myths that need busting -- plus four good ways to stimulate referrals.
May 3 -
Columbia plans to offer the Columbia International Value Fund, which will invest at least 80% of its total asset in equity securities of foreign companies that have market capitalizations of more than $1 billion at the time of purchase, according to the registration filing.
May 3 -
American Century is rebranding its target-date funds, dropping the LIVESTRONG name, which is associated with Lance Armstrong, and branding the funds as One Choice Portfolios.
May 3 -
meaningful money market reform. And that developing its next round of reform measures will be made with international regulation in mind.
May 3 -
UBS AG should consider splitting its investment bank from the wealth management and Swiss banking businesses, shareholder Knight Vinke Asset Management LLC said.
May 3 -
The Securities and Exchange Commission named Andrew J. Bowden director of its national exam program, replacing Carlo V. di Florio who is leaving next month to join the Financial Industry Regulatory Authority.
May 3 -
Globally, exchange traded products are scooping up assets on a faster pace than in 2012, according to BlackRocks April 2013 ETP Landscape Report.
May 3 -
Independent broker-dealers and RIAs have the edge over wirehouses when it comes to adding mutual fund assets under management, according to Access Data and Strategic Insight.
May 3 -
SEC chairman Mary Jo White made no comment Friday on what new reforms for the money market fund industry will come out of her administration, except that its proposal will be appropriate and balanced.
May 3

