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As the buyer base for Build America Bonds continues to expand, Fitch Ratings has created a website so investors unfamiliar with the municipal market can visit a "one-stop shop" for all BAB-related research

The Supreme Court ruled against the Public Company Accounting Oversight Board in a 5-4 decision, finding that the way board members are appointed is unconstitutional.

Global assets under management rose 16.3% to $49 trillion last year from a year earlier, according to Cerulli Associates.

For three days in late June, advisors, industry executives and fund managers descended on Chicago for the 2010 Morningstar Investment Conference. The audience received insight on the flash crash, international investing and the impact of the oil spill in the Gulf of Mexico. Industry bigwigs, including Vanguard's William McNabb, were among the speakers. (See part 2 here.)

While some financial companies worry about the ramifications of the sweeping financial reform that is set to pass, asset managers appear safe, according to a report released Monday by Keefe Bruyette & Woods.

The Supreme Court ruled against the Public Company Accounting Oversight Board in a 5-4 decision, finding that the way board members are appointed is unconstitutional.

According to Cerulli, net inflows rose 1.1%, as nervousness sidelined some investors.

While some financial companies worry about the ramifications of the sweeping financial reform that is set to pass, asset managers won’t feel the heat.

JPMorgan Picks Braunsten As CFO in Mgmt. Shuffle

As the buyer base for Build America Bonds continues to expand, Fitch Ratings has created a website so investors unfamiliar with the municipal market can visit a "one-stop shop" for all BAB-related research.

Three more banks failed late Friday, at an estimated additional cost to the Federal Deposit Insurance Corp. of $285 million.

The Supreme Court ruled this morning to uphold the tenets of the PCAOB and Sarbanes-Oxley rule in the Sarbanes Oxley Act of 2002 (SOX), Free Enterprise Fund v. Public Company Accounting Oversight Board. However, the Free Enterprise Fund and others could stage a shareholder campaign to remove board members, the high court said.

Legislators finally reached a compromise on the fiduciary standard bill late Thursday after fierce last-minute wrangling over its contents.

New York officials reached a handshake deal on the city's $62.9 billion budget late last week and spent the weekend trying to hammer out the final details as the state budget remained in legislative limbo.

The reform bill that was agreed upon by House and Senate conferees today is not likely to resolve what activities get split off from banks and how other specifics of its provisions get implemented, financial industry executives said Friday.

Those looking for clear winners and losers after the conference committee struck a historic final agreement early Friday on regulatory reform legislation are bound to be frustrated.

After a week of fierce wrangling, the House and Senate reach a shaky compromise over fiduciary bill.

If your clients have been aching to invest in master limited partnerships without the usual headaches that they bring, you now have options.

CHICAGO — Yields on floating-rate municipal prepaid gas bonds with ties to BP have spiked to nearly 9% from less than 0.5% as credit analysts continue to cut their ratings on the oil giant.

During his keynote address at the Morningstar conference, Jeffrey Gundlach forecast radical policies out of Washington that would include higher taxes and warned that deflation and the debt overhang will continue to impact investor for the next five years.