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Former SunAmerica executive Frank Hayn will support existing retirement plan business and will help NPH representatives grow their practices in the retirement plan and 401(k) space.

Dallas, Texas-based Pyxis Capital, L.P. has launched the Pyxis Natural Resources Fund to invest all of its assets in the Ascendant Natural Resources Master Fund, which is managed by Ascendant Advisors, LLC.

J.P. Morgan Worldwide Securities Services said that it has been appointed by Yorkville ETF Advisors, LLC to provide custody and exchange-traded fund transfer agency services to its newly launched Yorkville High Income master limited partnerships ETF.

Horizon Investments has launched a no-load actively-managed mutual fund that invests in exchange-traded funds.

Many banks were aggressive buyers of municipal bonds in 2011, seeing value in high relative tax-exempt yields and stepping in to make direct purchases of debt.

Peter Graham is the head of Product Development and Marketing at New York-based Mirae Asset Global Investments (USA), an arm of an Asian financial services firm that tries to provide investors in the United States with access to investments in emerging markets.

OTC Markets Group said its net income increased 69 percent in 2011, on a revenue jump of 18 percent.

The costs of fraud include direct monetary loss, fines from regulators and lost potential customers. Then social media amplify the hit to a firm's reputation, according to Progress Software's deputy CTO.

Cyber crime has become the second most common type of economic crime being experienced by financial services firms, after asset ‘misappropriation,’’ according to a survey by PricewaterhouseCoopers.

Financial services firm HighTower Advisors has added one more Merrill Lynch advisor with $200 million in client assets under management to a Washington, D.C.-based team it recruited from that firm last summer.