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Over the past year, nearly 70 mutual funds have snapped up pre-IPO shares of Facebook on private markets ahead of its IPO today, CNNMoney reports.
May 21 -
The big question following JPMorgan Chase & Co.'s now-notorious derivative trade is whether it would have been permitted under the so-called 'Volcker Rule.' But the answer is clear cut to an advocacy group that has led calls for regulatory restrictions after the 2008 crisis.
May 21 -
The Dow Jones Industrial Average shed another 73.11 points to close at 12,369.38 and Facebooks much-hyped initial public offering failed to prop up the downtrodden tech sector as the Nasdaq dropped 34.90 points to finish at 2,778.79.
May 18 -
Charles Schwab's Retirement Plan Services unit in January made waves by going passive.
May 18 -
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It's been a tumultuous and rather embarrassing four months for Deutsche Bank and Guggenheim Partners.
May 18 -
Asset management companies can anticipate regulatory focus to intensify as implementation of the Dodd-Frank Wall Street Reform Act progresses -and not just from the Securities and Exchange Commission.
May 18 - Money Management Executive
Mutual funds nowadays are between a rock and hard place when it comes to distribution.
May 18 -
WASHINGTON, D.C. - Mary L. Schapiro did not 'break the buck' at the annual membership meeting of the Investment Company Institute.
May 18 -
On May 18, 201, Invescos Small Companies Fund will change its name to...
May 18
