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National Advisors Trust revamps its board of directors with a trio of new members and the appointment of a new chairman.

The Financial Industry Regulatory Authority has fined Credit Suisse Securities (USA) $4.5 million, and Bank of America's Merrill Lynch unit $3 million for misrepresenting delinquency data and inadequate supervision in connection with the issuance of residential subprime mortgage securitizations.

The Securities and Exchange Commission has adopted rules that could reward individuals who blow the whistle on illegal activity in securities markets, with bounties on successful prosecutions.To be considered for an award, the SEC’s whistleblower program requires the individual to provide "original information" that leads to the successful enforcement by the SEC of a federal court or administrative action where penalties exceed $1 million.

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Global X Funds on Thursday launched the Global X Fertilizers/Potash ETF, giving investors access to what Global X calls a “critical” agricultural and commodity sector.

The Financial Industry Regulatory Authority has ramped up its efforts to detect fraud and better work with investors and firms, its management team said on a panel Wednesday.

The shareholders approved a $5.7 million package for Casady, which included an $800,000 salary, $2.2 million bonus and option awards of $2.6 million.

Michael J. Woods, U.S. head of distribution for DWS Investments, has been given the additional role of regional head and chief executive officer of DWS Investments U.S.

Like they’ve done with every stage of their lives, the Baby Boomers are changing what it means to be retired. But unlike other stages where leading edge boomers set the path that middle and second-half boomers followed, retirement is likely to be transformed throughout the boomer generation in such a way that second-half boomers and the generations that follow will experience a very different retirement than their leading edge siblings.

DWS Investments, the retail mutual funds arm of Deutsche Bank, on Wednesday named Michael J. Woods as regional head and CEO, adding those titles and responsibilities to his current role as U.S. head of distributions.

Outflows from equity funds totaled $25 million in the week ended May 18, the Investment Company Institute said.

The funds are tied to Russia and to global agribusiness.

For portfolio managers of municipal bond funds, the past several months haven’t been for the faint of heart. Still, muni fund managers report mixed experiences in riding out the prolonged flood of outflows.

With subprime making a comeback in the auto lending sector, many experts are wondering if it is only a matter of time before the financial industry reverts to the fervid lending of yore.

New ABA chief Frank Keating is a delegator who relishes political networking. In other words, he's nothing like Ed Yingling, the group's former CEO, who could pretty much do ...

Guaranteed living benefits were adopted, when they were offered with variable annuities, 86% in the first quarter, according to LIMRA. That was down from a peak of 90% in the first quarter of 2009, notes Dan Beatrice senior analyst, retirement research with LIMRA.

It turns out the merely comfortable are expecting better performance from the economy and their individual investments through the remainder of the year than those residing in highest tax brackets.

Morgan Stanley Smith Barney made the inevitable official by allowing a test group of 600 wealth management advisors to use Twitter in a limited capacity to connect and interact with clients and prospective new clients.

The Securities and Exchange Commission Wednesday adopted rules that could reward individuals who blow the whistle on illegal activity in securities markets, with bounties on successful prosecutions where sanctions exceed $1 million.

Direxion has launched four new leveraged exchange-traded funds, tied to the DAXglobal Russia Index and the DAXglobal Agribusiness Index. Each of the funds seeks 300% of the daily performance or the daily inverse of those indexes.