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For the week ended July 3, investors steered an estimated $1.68 billion into long-term mutual funds, about half the amount they invested a week earlier, according to the Investment Company Institute.

When it comes to technology, most advisors want to streamline, but they remain stuck using multiple system, according to a survey.

Citigroup said it will show trading clients how the lender is managing their funds as regulators probe missing customer cash at MF Global Holdings Ltd. and Peregrine Financial Group Inc.

Hatteras Funds this week launched a new variable trust fund, the Hatteras Alpha Hedged Strategies Variable Fund, which made its debut on the flat-fee variable annuity platform of Jefferson National last month and will bet on “multiple” hedge fund managers.

Northern Trust has appointed 12-year company veteran Laura G. Mandel president of the Northern Trust Co. of Delaware.

US ETF assets totaled $1.16 trillion as of June 30 – up 11.3% year-to-date, according to State Street Global Advisors’ ETF Snapshot.

On a 3-2 vote, the federal regulator charged the nation's 13 exchanges and the Financial Industry Regulatory Authority to come up with a workable system for keeping track of all options and stock activity, before the start of the next trading day.

Here's a closer look at the compensation rankings for top-producing advisors at the nation's leading wirehouses and regional B-Ds. Also see: Ranking the Top-Paying Independent Broker-Dealers Top 40 Financial Advisors Under 40: No. 20 through No. 1 40 Under 40: No. 21 through No. 40 Top 5 Regional Advisors Under 40

Charles Schwab Investment Management, Inc. has launched the Laudus Mondrian Global Fixed Income Fund (LMGDX) to bet on developed, U.S., and emerging market bond markets.

Five candidates will compete for three seats on FINRA’s board of governors.

LPL is continuing to fuel the rapid growth of its Model Wealth Portfolios platform, with a range of new offerings now available for consumers with as little as $25,000 to invest. Overall, this platform grew by almost 73% this year as of March 31 over last year to $8.7 billion.

Financial advisors plan to increase their use of alternative investments this year, according to Jackson National Life Insurance Co. One big challenge: they need to understand the asset class better.

These 12 bad brokers not only did harm to their clients' portfolios, but their clients themselves. Check out BrokerCop's "Dirty Dozen" with offenses ranging from mail fraud to murder. Source: BrokerCop Also see: 5 Financial Advisors Caught in the SEC's Crosshairs 7 Ways Bernie Madoff's Scam Forever Changed Advisors' Lives 10 Mind Tricks That Keep Your Clients in the Red

J.P. Morgan Asset Management has filed paperwork with the Securities and Exchange Commission to launch the JPMorgan Commodities Strategy Fund.

The new suitability and Know-Your-Customer rules will present FINRA with the opportunity to bring a variety of enforcement actions against both firms and registered representatives. The types of cases will likely be similar to enforcement actions that FINRA has brought under the existing rules.

One of the things Sean Healey missed most when he left Goldman Sachs Group Inc. in 1995 was his business card. Flashing it was a surefire way to convince people of his credentials.

Advisors are looking to adopt alternative investments in their portfolios but are leaning on guided strategies from fund firms to do so, according to a new survey by Jackson National Life Insurance Company.

The global market for fixed income exchange traded funds will likely grow to more than $2 trillion in assets over the next decade, compared with $302 billion today, according to a new report by iShares.

Alternative mutual fund shop Hatteras Funds has launched a new variable trust fund, the Hatteras Alpha Hedged Strategies Variable Fund, which will bet on “multiple” hedge fund managers.

Socially responsible investment shop Calvert Investments has named Lynne Ford to the newly created position of Head of Distribution.