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Using central clearinghouses to process swap transactions will be a lot safer than the current process of two parties negotiating a contract between themselves, right?

It's been 10 years.

Morningstarhas promoted William Harding to head of manager research for its investment management division, a new position in which Harding will develop best practices in investment manager research and selecting.

Just as the term "Golden Years" has fallen by the wayside, the entire concept of a traditional "retirement" may be on the verge of becoming obsolete.

Event: The representative for a broker of mutual funds goes to a customer's home. On her personal computer is a form, half-filled out. It's got the fund buyer's name, address, current account information, and contact details in the right interactive fields. All that remains is to fill out is the name, symbols and amounts of new funds to purchase.

Despite recent volatility, UBS analyst says investors should buck up and “stay the course,” not shifting their allocation away from equities.

A New York-based advisory firm is going after the professional athlete market with an All-Star business development team: A former NFL quarterback, a pro golfer and a sports entertainment legend.

The spike in market activity and volatility spurred by the downgrade of U.S. debt, the debt-ceiling contratemps in Congress and the European sovereign debt overhang did not drive overall trading volume to record levels in August.

The spike in market activity and volatility spurred by the downgrade of U.S. debt, the debt-ceiling contratemps in Congress and the European sovereign debt overhang did not drive overall trading volume to record levels in August.

WASHINGTON — Although Federal Reserve Board officials promised to unveil a long-awaited package of key Dodd-Frank rules by the end of the summer, the central bank is likely to need more time to complete them.