- Money Management Executive
Business groups like the U.S. Chamber of Commerce and the Business Roundtable are suggesting that the Securities and Exchange Commission take the sort of stance towards corporate America under Christopher Cox that they had expected under fellow Republican William Donaldson, also a Bush appointee.
June 7 - Money Management Executive
The Securities and Exchange Commission has scheduled an open meeting for June 29 - the eve of an abrupt change in leadership - to vote on proposed rules that would allow companies to talk more freely about public stock offerings, Reuters reports.
June 7 - Money Management Executive
Mutual funds are still at risk from market timing despite regulation to stop it, according to three-quarters of the funds' chief compliance officers, Financial Times reports.
June 7 - Money Management Executive
Munder Capital Management has been appointed to manage the $100 million Amerindo Technology D Fund, whose previous managers were jailed on charges they misappropriated a client's funds, Munder Capital said in a regulatory filing on Monday.
June 7 - Money Management Executive
Gay Huey Evans, a high-level regulator for the United Kingdom Financial Services Authority (FSA), is announced to become a president of a European arm of a Citigroup-owned hedge fund, Tribeca Global Management LLC, The Wall Street Journal reports.
June 6 - Money Management Executive
Wall Street heavyweight John Mack is set to join Westport, Conn.-based Pequot Capital Management as chairman, The Wall Street Journal reports
June 6 - Money Management Executive
Just when the divide that exists between Republicans and Democrats over Social Security reform couldn't possibly grow any wider, President Bush and former presidential candidate Howard Dean seem to have pushed two sides even further apart.
June 6 - Money Management Executive
"Vilar Spends Weekend Behind Bars" is one of this morning's headlines about the ongoing theme of regulators clamping down on white-collar crime3/4in The Wall Street Journal, no less.
June 6 - Money Management Executive
"Vilar Spends Weekend Behind Bars" is one of this morning's headlines about the ongoing theme of regulators clamping down on white-collar crime3/4in The Wall Street Journal, no less.
June 6 - Money Management Executive
The Securities and Exchange Commission has settled fraud charges against two Citigroup subsidiaries, related to the use of an affiliated transfer agent that had been serving the Smith Barney mutual funds.
June 6 - Money Management Executive
The former chief executive of Waddell & Reed will leave the mutual fund firm with more than $14 million in stock, cash and benefits, a Kansas City Star report reveals through documents it obtained from a Securities and Exchange Commission filing.
June 6 - Money Management Executive
NEW YORK - Ted Sihpol's future hangs in the balance.
June 6 - Money Management Executive
In a surprise move, Securities and Exchange Commission Chairman William Donaldson said late Wednesday that he will step down on June 30 after two and a half years at the helm, prompting President Bush to nominate California Rep. Christopher Cox, a Republican, as his replacement.
June 6 - Money Management Executive
As the nation's largest demographic enters retirement in the coming years, the financial services industry will likely be presented with incredible opportunities to meet their investing needs.
June 6 - Money Management Executive
Sometimes, the grass truly is greener.
June 6 - Money Management Executive
Northern Trust Taps Jacobs To Guide Product Strategy
June 6 - Money Management Executive
The Charles Schwab Corp. of San Francisco is on a crusade and hoping to find just the right large-cap growth manager to adopt. The goal? To round out the newest of its proprietary mutual fund families, the Laudus Funds group, which now includes 14 sub-advised Laudus Rosenberg funds that are predominantly managed in Orinda, Calif.
June 6 - Money Management Executive
Marsh & McLennan, a global professional services provider, announced it has no intent to sell its money management unit Putnam Investments, Reuters reports. The announcement should relax speculation regarding the possibility that the company would spin Putnam off, which was provoked by a recent report in which MMC considered the sale of Putman as the result of an internal review.
June 3 - Money Management Executive
Fidelity Investments has taken another measure to keep in step with the competition on the price front. The firm has lowered its bond fund fees between five and 20 basis points in a bid to get more investors and advisers to invest in fixed-income mutual funds.
June 3 - Money Management Executive
Paul Schott Stevens, president of the Investment Company Institute (ICI), warmly greeted the nomination of Rep. Christopher Cox nomination the new Chairman of the Securities and the Exchange Commission.
June 3