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PALM DESERT, Calif. -- The selling of investments to individual investors and their purchases of them are mired in dysfunction, according to the former director of conduct risk and sector leader for asset management of the Financial Services Authority in the United Kingdom.

Here is a rundown of five potential pitfalls in cost-basis reporting which Wolters Kluwer Financial Services says brokerage firms, mutual fund companies, transfer agents and even corporations should watch out for as the tax season for securities reporting peaks.

Eileen Rominger, in her first appearance as the SEC's director of investment management division before a gathering of members of the mutual fund industry’s largest trade group, said that compliance with existing and forthcoming rules as well as robust regulation of these is essential to achieving and maintaining the trust and confidence of investors.

The establishment of a fiduciary standard that applies to how broker-dealers should care for their customers is not likely to come until after the one-year anniversary date of passage of the 2010 Dodd-Frank Wall Street Reform Act that required it.

PALM DESERT, Calif. -- The establishment of a fiduciary standard that applies to how broker-dealers should care for their customers is not likely to come until after the one-year anniversary date of passage of the 2010 Dodd-Frank Wall Street Reform Act that required it.

Interactive Data on Monday launched a service to provide real-time evaluated prices for more than 15,000 international equities throughout the day.

PALM DESERT, Calif. -- Eileen Rominger, in her first appearance before a gathering of members of the mutual fund industry’s largest trade group, said that compliance with existing and forthcoming rules as well as robust regulation of these is essential to achieving and maintaining the trust and confidence of investors.

There is a strong correlation between fund stewardship and performance, Morningstar found in its 2011 Mutual Fund Stewardship Grade research study, which examined more than 1,000 funds from 40 fund complexes.

PALM DESERT, Calif. -- It’s been three years since the collapse of Bear Stearns – which occurred on the eve of the 2008 Investment Company Institute Mutual Funds and Investment Management Conference.

Vanguard is planning to launch an actively managed emerging markets equity fund that will be managed by four investment advisors.