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Barclays Wealth has continued its hiring streak of U.S.-based professionals focusing on Latin American ultra-high-net-worth clients.

ING’s U.S. retirement division has launched iEnroll, mobile enrollment for 401(k) plans whereby participants can instantly enroll in their workplace retirement plan. iEnroll is available on mobile devices as well as through tablets that on-site ING enrollment specialists will have on hand.

ProShares has launched the first ETFs in the United States to provide magnified or inverse exposure to VIX futures.

WASHINGTON -- A top official with the Labor Department defended the controversial plan to expand the definition of "fiduciary" to cover people providing advice to retirement plans on a commission-based model, a proposal strongly opposed by industry groups representing independent broker-dealers and advisers.

Litman Gregory Fund Advisors has launched the Litman Gregory Masters Alternative Strategies Fund, a multi-manager, multi-strategy fund that offers investors diversified exposure to absolute return-oriented strategies.

Russell Investments has launched four additional investment discipline exchange-traded funds, the new offerings focused on small-cap indexes. Russell’s investment discipline indexes take indexing to the next level by aiming to mirror the way equity managers invest.

Brown Advisory has launched the Brown Advisory Tactical Bond Fund, a fund focused on total return that, using a quantitative modeling process to track macro movements in bond sectors, will invest in fixed income—including tax-exempt municipal bonds, corporate bonds, U.S. Treasury bonds, Treasury inflation protected securities and cash equivalents.

On the heels of the success of its Keeley Small Cap Dividend Value Fund, Keeley Asset Management has launched the Keeley Mid Cap Dividend Fund.

The John Hancock Investor Sentiment Index, based on a survey of 1,005 investors by Matthew Greenwald & Associates, fell to 10 in the third quarter, down from 18 in the second quarter. When John Hancock launched the index in the first quarter of this year, the reading was 22. To participate in the survey, respondents needed household income of at least $75,000 and assets of $100,000.

The Public Company Accounting Oversight Board has issued an alert to make auditors more aware of the risks they face when auditing companies with operations in emerging markets such as China.

Of the many policy issues surrounding the investment advisor sector, few are more charged than the question of where regulatory authority should properly be housed. And those divergent viewpoints were on full display at the annual advocacy summit hosted by the Financial Services Institute.

A doctoral candidate and his advisor from Texas Tech University won the Retirement Income Industry Association's first Thought Leadership Award, the association announced at its fall conference Tuesday.

The TCW Group has launched the MetWest Unconstrained Bond Fund, a mutual fund with the flexibility to invest across a wide array of global fixed-income sectors.

Touchstone Investments and Old Mutual Asset Management have entered into an agreement whereby Touchstone will acquire the U.S. mutual fund business of Old Mutual, bringing Touchstone’s assets to nearly $10 billion. The deal will also add several new sub-advisors to Touchstone’s roster of fund managers.

Investors appear to have switched gears from focusing on replenishing their balances from 2008’s market downturn to taking all of the responsible steps to prepare for retirement, according to Principal Financial Group’s analysis of retirement plan participants’ behavior in 2010.

One or more Internet users claiming to be the digital activist group known as Anonymous Hackers said overnight that it intends to take down the New York Stock Exchange’s public website next week.

The Bank of New York Mellon said late Tuesday that it is a victim of ‘prosecutorial overreach,’ at least in the case of the $2 billion lawsuit filed against it by New York state attorney general Eric T. Schneiderman.

The Dow Jones Industrial Average rose 153.41 points to 10,808.71. Meanwhile, the Dow Jones U.S. Total Stock Market Index rose 2.69%.

A top official with the Labor Department defended the controversial plan to expand the definition of "fiduciary" to cover people providing advice to retirement plans on a commission-based model, a proposal strongly opposed by industry groups representing independent broker-dealers and advisors.

An advisor’s website is his or her most valuable piece of Internet real estate. TJ Gilsenan, the Web Savvy Advisor, explains not only why, but provides five important steps every advisor can take now to create and maintain a more effective website.