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WASHINGTON, D.C. -- The Securities and Exchange Commission is set to meet next week to address how to prevent runs on money market funds that could disrupt the $2.7 trillion market and the nation's financial system as a whole.

I hate mixed messages but it seems there is finally some good news on the employment front. According to the Department of Labor this morning, non-farm payroll employment added 244,000 jobs in April, with the private sector seeing job growth of 268,000. While that figure exceeded expectations, the unemployment rate rose to 9%. Some experts explained that increase to the people who weren’t looking for jobs now resuming their job-hunt. …

Better-than-expected employment data in April gives investors and corporations reason to believe the U.S. economy is poised for strong, sustained growth for the foreseeable future.

WASHINGTON, D.C. -- Regulation of mutual fund distribution practices "can't be left to stand'' as it is, Securities and Exchange Commission chairman Mary L. Schapiro said Friday.

On the one-year anniversary of the Flash Crash, Securities and Exchange Commission chairman Mary L. Schapiro said the behavior of high-frequency trading firms will be closely scrutinized -- and placing obligations on high-speed traders to maintain markets in stocks "remains on the table.''

Last year, Merrill Lynch had a net loss of 11 advisers to independent firms, according to Sallie Krawcheck, president of Global Wealth and Investment Management at Bank of America. That worked out to a loss of seven hundredths of one percent of its 15,500 advisers.

But so far, it is not drawing in new demographics.

Banks have vowed to cut costs, find efficiencies and tighten belts. But they haven't yet tipped their hands as to how.

WASHINGTON, D.C. -- On the one-year anniversary of the Flash Crash, Securities and Exchange Commission chairman Mary L. Schapiro said the behavior of high-frequency trading firms will be closely scrutinized -- and placing obligations on high-speed traders to maintain markets in stocks "remains on the table.''

Ninety percent of advisors said they aren’t doing enough to market and publicize their practice effectively, according to a survey by Peak Advisor Alliance. Most still wary of social media.