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The Securities and Exchange Commission has approved the creation of an interim inspection program related to audits of brokers and dealers.

SS&C Technologies Holdings said it agreed to acquire an Irish supplier of administrative services for investment funds.

iShares has launched the iShares MSCI Emerging Markets Small Cap Index Fund.

Banks that had been preparing to celebrate successful capital raises may want to put their pink champagne back on ice. A series of acquisitions and securities offerings unveiled earlier this year, some just a few weeks old, may be in jeopardy because of wild stock market swings, according to industry observers.

James Kaplan's law firm was negotiating a handful of bank mergers when the stock market collapsed two weeks ago. All of them are bogged down in new squabbles over whether the seller can say "deal's off" if the buyer's shares tank.

Tom Steinert-Threlkeld

Wall Street wrapped another tumultuous week with more losses Friday as the Dow Jones Industrial average sliced off another 173 points, or 1.6%, to close at 10,817.65. The session wrapped up the market's worst four-week stretch in more than two years.

With stocks bouncing around like they’re on a trampoline, it can be difficult for investors to find companies that offer any possibility of steady growth or protection against a further slump -- particularly with the economy looking increasingly weak. But a handful of consumer goods stocks might ease their pain.

Missing the 10 best days of stock market performance over many years can hurt your portfolio’s performance -- and the only way to make sure that doesn’t happen is to stay invested for the long haul. But one investment firm's research found there's a tremendous flaw in this strategy.

Variable annuities continued to surge in the second quarter of this year, with total sales reaching $40.9 billion, an increase of 16% over the same period last year, according to LIMRA, the Windsor, CT-based financial services research firm.