Practice

According to a report, S&P 500 defined pension plans rose to 81.65% from 78.1% a year earlier, but remains significantly underfunded by $260 billion.

Bring in Michael Bloomberg. He's going to be available in three more years. Tap him now, as the next SEC chairman.

The financial reform legislation does little to ensure accountability among regulators, who so far have appeared more interested in deflecting blame.

Investment advisers may face tough compliance issues in the wake of the Securities and Exchange Commission's unanimous adoption last week of rules designed to prevent IAs from making political contributions to elected officials to obtain business from state and local pension funds, investment pools and college-savings accounts.

July 20 - The Boston Consulting Group, Inc. - 2010 Global Asset Management Report - 8:15 a.m. - 9:30 a.m. BCG's New York Office at 430 Park Avenue (between 55th and 56th). For more information, please contact David Fondiller at 212/446-3257 or fondiller.david@bcg.com

WASHINGTON — Investment advisors may face tough compliance issues in the wake of the Securities and Exchange Commission's unanimous adoption last week of rules designed to prevent IAs from making political contributions to elected officials to obtain business from state and local pension funds, investment pools and college-savings accounts.

Academics and New York University's Stern School of Business and York University's Schulich School of Business in Toronto have an upcoming article in the Journal of Financial Economics that looks at the lending practices of hedge funds to publicly traded corporations.

As the rich get richer across the globe, high net worth clients in North America have tightened their grip on their wallets.

Sen. Maria Cantwell announced late Thursday that she intends to support regulatory reform, giving a boost to the bill's prospects in the Senate, which plans to take up the legislation later this month when Congress returns from a Fourth of July recess.

Bankers have spent months saying they are making every good loan possible, and now regulators are demanding more information to prove it.