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Bank of America Merrill Lynch has added new global physical cash concentration features to its technology platform for liquidity management for corporate and commercial clients.
March 19 -
The company with the best retirement plan in New York is Deloitte, according to investment analytics firm BrightScopes ranking of the top 25 New York City area 401(k) plans.
March 19 -
On April 6, the comment period on FINRAs proposed changes to its BrokerCheck system will close, though there is still much debate and controversy about some of the proposed changes. Compliance consultant and securities attorney Jennifer Woods Burke shares her thoughts on the subject with Financial Planning.
March 19 -
Twenty-somethings are struggling under a mountain of debt averaging $45,000, according to a survey released today by PNC.
March 19 -
Marketing expert Marie Swift says keeping your client pipeline full is both an art and a science. Here are some three things advisors should be doing now to prevent a dry spell.
March 19
Impact Communications -
Janney Montgomery Scott has added two advisor teams from Morgan Stanley Smith Barney, picking up $380 million of client assets in the process.
March 19 -
The SEC might just kill the patient it is trying to cure, according to Karrie McMillan, general counsel of the Investment Company Institute.
March 19 -
Mutual funds may soon report not just to the Securities and Exchange Commission but the Commodity Futures Trading Commission as well, in some circumstances.
March 19 -
The liquidity of mutual funds and exchange-traded funds, as well as their operating costs, could be collateral damage, depending on how the Volcker Rule precluding proprietary trading by banks gets implemented, Investment Company Institute general counsel Karrie McMillan will argue Monday at the 2012 ICI Mutual Funds and Investment Management Conference in Phoenix.
March 19 -
State Street Global Advisors began trading the SPDR Barclays Capital Short Term High Yield Bond ETF on the NYSE Arca. The new SPDR ETF offers investors access to high yield corporate bonds with short durations. Its annual expense ratio is 40 basis points.
March 19

