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Oppenheimer & Co. disclosed Wednesday that it named one of its own to assume duties as New York’s institutional sales head.

On eve of law's second anniversary, regulators face heavy scrutiny over how they will implement remaining Dodd-Frank rules. Many key regulations have yet to be seen.

After Wells Fargo reported record second-quarter profit on Friday, CFO Timothy Sloan explained why the bank is optimistic about mortgages, M&A and expenses.

There is a new sheriff in town for the mutual fund industry-and he may need to borrow money for bullets.

The Dow Jones Industrial Average stormed up 204 points Friday to close at 12,777.09 while the Nasdaq and S&P 500 rallied up 42.28 points and 22.02 points, respectively.

It may seem completely crazy to compare the use of social media with sexual harassment.

On a three to two vote, the Securities and Exchange Commission charged the nation's exchanges and the Financial Industry Regulatory Authority with developing and maintaining a consolidated and auditable trail of every order, cancellation, modification and executed trade on 13 national stock exchanges, 10 options markets and through more than 200 broker-dealers.

Perhaps it was only a matter of time before Morningstar decided to put its stamp of approval, and disapproval, on alternative mutual funds. And by all measures, it should.

Dimensional Fund Advisors wants to bring its academic-based research investment management approach to the Asian markets.

There is a new sheriff in town for the mutual fund industry-and he may need to borrow money for bullets.

On July 13, 2012, Oppenheimer & Co. disclosed Wednesday that it named one of its own to assume duties as New York’s institutional sales head.

On July 13, 2012, John Hancock Funds has named Andrew G. Arnott as president and chief executive officer, succeeding Keith F. Hartstein, who is retiring.

Franklin Resources has named Norm Boersma as chief investment officer of Templeton Global Equity Group, replacing Gary Motyl, who passed away last month, reports Morningstar.

ON July 13, 2012, Boston-based Fred Alger Management is reopening the Alger Small Cap Growth (ALSAX) and Alger Small Cap Growth Institutional (ALSRX) to new investors starting Aug. 1, according to a filing.

Investment Centers of America beefs up its practice management program with newly created senior position.

On July 13, 2012, MFS Investment Management has filed paperwork with the Securities and Exchange Commission to launch a pair of mutual funds in September.

Ernst & Young LLP has appointed Julie Canty and Carlos A. Schmidt as partners in the firm’s Asset Management Tax practice.

In a stunning reversal of recent patterns, tax-exempt money market funds amassed $4.64 billion of new cash as total net assets soared to $274.7 billion in the week ended July 9.

The market continued to show its confidence in municipal bond mutual funds with strong inflows following a holiday week of relative inactivity.

As Congress and the White House head toward another battle over extending the Bush-era tax cuts, a trade association representing utility companies is warning that investors could be in for a major hit if the rates for qualified dividends revert to their pre-2003 levels, even if the only rates that move are those for the wealthiest Americans.