News Feed

Ahead of next month’s Business & Wealth Management Forum in Chicago, it’s time to start asking some big-picture questions. For example, how could our profession have a bigger political impact than we do today and if there are better ways to add value than simply tending client portfolios?

Investment advisors could eventually have a national self-regulatory organization akin to the Financial Industry Regulatory Authority soon, if draft legislation introduced by an Alabama Congressman becomes law. But it will not come without a fight.

The concept release is out. And the Securities and Exchange Commission wants to know: Just how much leverage should a mutual fund have?

SS&C Technologies Holdings has completed its acquisition of BDO Simpson Xavier Fund Administration Services Limited, in Dublin, Ireland.

First Trust Advisors has selected JPMorgan to sponsor 21 exchange-traded funds it is listing on the Mexican stock exchange, Bolsa Mexicana de Valores.

Bank of America Corp.'s executive shuffle this week supports what the beleaguered conglomerate has been telling investors for weeks: it will keep selling unwanted bits of the company and hold on to major business units.

Bank of America executives are mulling a restructuring plan that would lop off as many as 40,000 jobs in its first phase, according to a Wall Street Journal report citing sources familiar with the discussions.

First Trust Advisors has selected JPMorgan to sponsor 21 exchange-traded funds it is listing on the Mexican stock exchange, Bolsa Mexicana de Valores.

The Securities and Exchange Commission is in the early stages of a major examination into the operations of hedge fund companies and investment banks that engage in high-frequency trading.

SS&C Technologies Holdings has completed its acquisition of BDO Simpson Xavier Fund Administration Services Limited, in Dublin, Ireland.