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The Securities and Exchange Commission is no longer going to be a wholesaler of publicly reported data, according to an assistant chief counsel. There will now be an 'enormous focus' on data on derivatives and other products that until now has not been otherwise available.

Financial advisors and their wealthier clients will have a lot more separately managed alternative accounts to consider next year, according to a new study by Aite Group, the Boston-based independent financial industry research and advisory firm.

Guggenheim Partners and Rydex/SGI announced Wednesday that Guggenheim will acquire Rydex in the first quarter of 2012 and combine its asset management capabilities under the name Guggenheim Investments. Once the deal is closed, Guggenheim Investments will have $119 billion of assets under management. Terms of the acquisition were not disclosed.

Fidelity Investments announced Wednesday it has received commitments for an additional $17 billion in 401(k) assets under management from 269 plans representing 315,000 participants. More than $15 billion of those assets are due to new sales, with the remaining $2 billion the result of mergers and acquisitions by existing clients.

Planning to maximize Social Security benefits is becoming a service that clients expect advisors to provide, according to a new survey from a Nebraska-based software provider.

The Securities and Exchange Commission has approved the proposal of a new rule designed “to prohibit certain material conflicts of interest between those who package and sell asset-backed securities (ABS) and those who invest in them.”

Janus Capital Group has unveiled a new online retirement income distribution tool aimed at helping financial advisers keep their clients’ retirement income evenly flowing for more than 30 years.

A new report by the Investment Company Institute shows that over the past four months, a staggering $75 billion has been withdrawn from equity mutual funds.

Schwab's Advisor Services division has developed a suite of new resources to help financial advisors navigate the legal and regulatory issues that arise when making the transition to an independent Registered Investment Advisor (RIA) practice.

Most major corporations have "significant security gaps that leave sensitive board-level information open to information theft and hacking," according to the governance, risk and compliance unit of Thomson Reuters.

The commercial technology arm of NYSE Euronext said it began marketing a Windows plug-in that will deliver market data in real time to the desktop computers of traders.

The movement of credit-default and other forms of complex financial swaps into electronically managed and centrally cleared markets may be increasing rather than lowering risk, Michael Bodson, chief operating officer of Depository Trust and Clearing Corporation said Tuesday at SIBOS 2011 here.

Mutual funds’ fair value procedures are holding up amid the unprecedented market volatility that has resulted from economic uncertainty, Middle East unrest and environmental disasters, Deloitte found in its Ninth Annual Fair Value Pricing Survey. This year’s survey queried executives at 79 asset management firms around the world with more than 3,300 fund offerings with $2.6 trillion in assets under management.

Janus Capital Group has unveiled a new online retirement income distribution tool aimed at helping financial advisors keeping their clients’ retirement income evenly flowing for more than 30 years.

Fears over a possible economic slowdown, sovereign debt and not enough capitalization at U.S. financial institutions sent the Global Association of Risk Professionals (GARP) Risk Index up 2.5 points to 110.5 in the second quarter. This is very close to the previous high reached in the third quarter of 2010.

Morgan Stanley Smith Barney has hired a two-member Morgan Keegan & Co. financial advisor team, Peter Korcusko and Frank Colucci, in Clearwater, Fla.

Investment Company Institute report finds that an astonishing $178 billion has moved out of mutual funds and equity ETFs in the past 30 months. Could this dramatic exodus from stocks mark the volatile market’s bottom and great buying opportunity for advisors and investors?

Developing economies of the world are still showing robust growth, but that may not be enough to lift the sagging economies of the developed world, which still account for 60% of combined global economic output, warns Lin Yifu, a World Bank senior vice president and chief economist.

The Colony Group has agreed to turn a stake equaling 40% to 70% of its earnings over to Focus Financial Partners, but it is holding on to its independence and plans for aggressive growth.

Advisors take heed: Investment firm UBS Wealth Management is announcing a reduction in its recommendation for equity weightings in portfolios from “neutral” to “moderate underweighting,” with a corresponding increase in cash holdings.