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The financial reform legislation does little to ensure accountability among regulators, who so far have appeared more interested in deflecting blame.

Investment advisers may face tough compliance issues in the wake of the Securities and Exchange Commission's unanimous adoption last week of rules designed to prevent IAs from making political contributions to elected officials to obtain business from state and local pension funds, investment pools and college-savings accounts.

July 20 - The Boston Consulting Group, Inc. - 2010 Global Asset Management Report - 8:15 a.m. - 9:30 a.m. BCG's New York Office at 430 Park Avenue (between 55th and 56th). For more information, please contact David Fondiller at 212/446-3257 or fondiller.david@bcg.com

WASHINGTON — Investment advisors may face tough compliance issues in the wake of the Securities and Exchange Commission's unanimous adoption last week of rules designed to prevent IAs from making political contributions to elected officials to obtain business from state and local pension funds, investment pools and college-savings accounts.

Under the theory that lucrative investment opportunities like alternative energy will be more likely to spring from overseas markets, Fidelity Investments is positioning its 20-year-old environmental energy mutual fund right at the crossroads of those two sectors.

Who's in best position to achieve real-time surveillance of markets?

Academics and New York University's Stern School of Business and York University's Schulich School of Business in Toronto have an upcoming article in the Journal of Financial Economics that looks at the lending practices of hedge funds to publicly traded corporations.

Annuities sales through banks maintained their modest recovery pace in April after hitting record lows at the beginning of the year.

After launching an initiative to revamp its wealth management business in April, Hartford Financial Services Group said John C. Walters, current president of wealth management, will leave Hartford at the end of July to "pursue other opportunities."

As the rich get richer across the globe, high net worth clients in North America have tightened their grip on their wallets.

Just as the alternative energy industry will most likely provide lucrative investment opportunities, so will the overseas markets in the coming years, which is why Fidelity Investments is positioning its 20-year-old environmental energy mutual fund right at the crossroads of those two businesses.

First Republic Bank began as an independent bank in 1985 and on Thursday it became independent once again.

Knight Hires Morgan Team To Target Fund Advisors

Fear is the new name of the investing game. It's what drove investors to take $527 billion off the table in May, and it's what continues to rattle the market, with the Dow's 268-point drop on Tuesday and second 115-point decline at deadline two perfect examples.

Citi and Bank of America Merrill Lynch continued to vie for the top underwriting position in the municipal bond industry, according to mid-year rankings from Thomson Reuters.

Sen. Maria Cantwell announced late Thursday that she intends to support regulatory reform, giving a boost to the bill's prospects in the Senate, which plans to take up the legislation later this month when Congress returns from a Fourth of July recess.

Bankers have spent months saying they are making every good loan possible, and now regulators are demanding more information to prove it.

NYSE Technologies and Markit Group said Thursday they will consolidate their pools of data on trading in over-the-counter stocks in Europe.

WASHINGTON — The Securities and Exchange Commission on Wednesday unanimously adopted rules designed to prevent investment advisors from making political contributions to elected officials to obtain business from state and local pension funds, investment pools and college savings accounts.

Back in March, sister publication Financial Planning wrote about the potential long-term care crisis that could plague Boomers during their later years.