News Feed

The Securities and Exchange Commission is not pursuing the idea of imposing a three-strikes-and-you're-out system for issuers with disclosure failures, like the one floated last week by an SEC commissioner, John Cross, the director of the SEC's Office of Municipal Securities said here on Thursday.

The executive listed a few areas where the organization is targeting rule-breakers.

Picked up in a renewed focus on recruiting, Mark Teed joins Raymond James in Massachusetts.

Your IRA Expert examines life insurance benefits, the five-year rule, and required minimum distributions.

A three-decade industry vet, David Upin, joins as senior vice president in Minneapolis.

A better informed, better educated assistant, can help an advisor improve his practice exponentially.

Terri Labrecque has been named head of marketing for BNY Mellon’s Asset Servicing business, Money Management Executive has learned.

Total money market mutual fund assets increased by $940 million to $2.569 trillion for the week ended Wednesday, October 24, according to data from the Investment Company Institute.

It turns out that Jasen Snelling, the Cincinnati man who was sentenced Tuesday to 131 months in prison for running a Ponzi scheme, also ran a ‘successful” mutual fund back in the day.

Paul Cummings will serve as regional managing director for the Northeast Region, overseeing asset management and other services in New York and Philadelphia.