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ProShares has launched the ProShares Short Investment Grade Corporate exchange-traded fund, the first inverse investment grade corporate bond exchange-traded fund, which seeks to provide 1x the daily performance of the Markit iBoxx $ Liquid Investment Grade Index.

The basic roles and responsibilities of brokers, financial advisers and asset managers are in the early stages of what's sure to be a dramatic transition and the brokers and firms that are most adapt at adding new tools and technology will be the ones to prosper, according to a new report from Boston-based financial services consulting firm Financial Research Corp.In the wake of the SEC's reaction to the Dodd-Frank Wall Street Reform Act, the FRC is advising financial services firms to begin rethinking the way they and their staff of advisers and brokers define themselves and the services they provide to investors.

PALM DESERT, Calif. -- Registered investment companies vote in favor of management proposals more than 90 percent of the time, according to a study of 3.9 million proxy ballot items.

Investors are looking to invest internationally in 2011 and beyond, a sign that positive sentiment in emerging markets is growing, according to a survey released on Tuesday by Franklin Templeton.The survey of 13,076 respondents in 12 countries found that 62% of U.S. and global respondents plan to invest in international markets, including Brazil, Chile, Mexico, and India, over the next 10 years. Yet just 34% of respondents are currently investing outside of their own markets. At the same time only 33% believe their own country's market will perform better than the rest of the world in 2011, said Franklin Templeton, which shows a willingness to consider opportunities globally.

A FINRA arbitration panel has awarded former Merrill Lynch Co-President Ahmass L. Fakahany $1.2 million out of the more than $70 million in compensatory damages he sought from his former employer.

SunGard said it acquired ValueLink Information Services, a United Kingdom firm that validates financial data for investment managers. No terms were disclosed.

Investors are looking to invest internationally in 2011 and beyond, a sign that positive sentiment in emerging markets is growing, according to a survey by Franklin Templeton.

David Lee Roth once said, “Money can't buy you happiness, but it can buy you a yacht big enough to pull up right alongside it.” Over the past year a number of studies have been released that may prove the former Van Halen front man just might - up to a point - be right.

The basic roles and responsibilities of brokers, financial advisors and asset managers are in the early stages of what's sure to be a dramatic transition and the brokers and firms that are most adapt at adding new tools and technology will be the ones to prosper, according to a new report from Boston-based financial services consulting firm Financial Research Corp.

For the estimated million-plus folks who turned 70 1/2 years old last year, time is running out to take their first required minimum distribution from their various 401(k) and IRA accounts without incurring stiff tax liabilities.