Regulation

JPMorgan Chase said authorities are examining what its wealth management businesses and private bank told customers when selling them the company’s own investment products and enlisting hedge funds.

Pimco said regulators are considering taking action against the firm over marking of securities in the exchange-traded fund version of its flagship Total Return Fund.

Michael Shaw, who left the board amid turmoil over its disciplinary process, could end up working for former investigatory targets with new consulting gig.

Asset management industry leaders say the reason for creating Luminex was because of the challenges in trading large blocks in existing stock markets.

Security and business continuity concerns must be addressed in service agreements when outsourcing tech operations to a third party.

Analysis: The case of the one-time billion-dollar advisor who was barred from the industry gives cause for wealth managers to make sure they are within the bounds of the rules.

As long as a nonprofit group stays "on the right side of the line -- even though either you or I would say what they are doing is wrong -- it's still protected by 'judgment,'" or a right to broad discretion in decision-making.

Goldman Sachs Asset Management is starting two money market funds and making changes to two others to comply with stricter rules for funds that offer a stable $1 net asset value.

Thomas J. Buck, an ex-Merrill Lynch and RBC advisor who once oversaw $1.2B in client assets, consented to FINRA findings that he "willfully committed fraud."

While many public corporations are focused on engaging the threat of activist shareholders, asset managers still wrestle with reaching the larger percentage of fund shareholders who may pay scant attention to the prospectuses, proxies and reports that cost firms thousands of dollars to produce.