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Thirty years ago,Russell Investments changed the landscape of how fund firms could evaluate managerial performance, by launching broad benchmarks of stock performance in the United States.

Wall Street high rollers are expecting big bonuses at year-end -- especially hedge fund managers and executives at boutique banks.

Lightspeed Financial said it would begin acting as a prime broker for hedge funds and institutional investors.

For the second time in two years, the watchdog for broker-dealers is warning traders they are obligated to send clients accurate indications of interest.

As insurers begin to digest the information released this week by the Financial Stability Oversight Council of the U.S. Treasury Dept. qualifying and clarifying systemic risk, the SEC issued guidelines that laid out the kind of information companies should disclose regarding cyber events that could lead to financial losses.

Stocks had a strong showing this week and gained 541.37 points, or 4.88%. Blue chips gained 166.36 points on Friday.

Even with proposed regulation to the financial advisory industry still pending, several industry members at this week's Women Advisors Forum conference were certain about two things: the SEC should have expanded oversight and the industry will bear more costs.

The wealth management sector hasn't exactly been blazing the trail when it comes to integrating sleek new mobile devices into the workflow, but that slow ship is beginning to turn, according to a new study from the research firm Aite Group.

Wall Street high rollers are expecting big bonuses at year-end—especially hedge fund managers and executives at boutique banks.