News Feed

The U.S. Attorney for southern Florida and the FBI on Thursday charged a one-time entrepreneurial whiz kid who already has spent time behind bars for fraud with manipulating the stock of a public company. Using, among Internet-related communication mechanisms, YouTube.

Bank life insurance sales soared to a record high in 2010, although sales declined sharply in the fourth quarter, the first quarter over quarter decrease in seven quarters, according to the fourth quarter 2010 Kehrer-LIMRA Life Report.

Managers of hedge funds and other alternative funds know they'll be subject to more stringent regulatory requirements in the wake of the Dodd-Frank Wall Street Reform Act but for now it's business as usual and right now that business is booming.

Mutual fund investors paid lower fees for equity funds in 2010, based on asset-weighted average ratios, the Investment Company Institute said Thursday.

The current SEC inspection and audit process is kind of silly, at best, and a waste of resources, at worst. FINRA's process, from what I've been told, makes even less sense. But what can we do to improve things?

Morningstar said its hedge fund database saw outflows of $1.5 billion, the second consecutive month of outflows.

Diversification is the best way to hedge against volatility, but now there are more ways to invest in volatility itself.

Mintel released data indicating men and women are about equally as likely to have a self-directed investment account, with 30% of women saying they have one versus 36% of men. Among women who report a household income of more than $75,000, 46% say they are self-directed investors.

Jason Schlesinger comes to Baird after three years at Wells Fargo and eight years at Bank of America Investment Securities.

Lipper announced the winners of the United States Lipper Fund Awards 2011 Wednesday evening.