While New York Attorney General Eliot Spitzer said the practice of late-trading and market timing that he discovered in the Canary Capital Partners case is widespread throughout the mutual fund industry, some of the biggest names in the industry have yet to be contacted by his office, Dow Jones reports.
A spokeswoman for
Other firms declined to answer whether they have been subpoenaed by the attorney general. They include
The insurance products began 2024 in much the same way as 2022 and 2023: with record-breaking sales.
Are clients' savings working for them? How to best guide them on the pros and cons of Roth IRAs and other savings programs.
Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.
The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.
The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
