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The Depository Trust & Clearing Corporation (DTCC) has increased the number of securities in its coverage of corporate actions announced through its Global Corporate Action Validation Service (GCA VS).

After the so-called flash crash on May 6, and leading up to the $1 trillion debt bailout extended to Greece, the pros at Moss Adams knew how to react. They largely did nothing. There was no dumping of equities across the board. They did not pull up stakes and hunker down in cash positions.

Ninety percent of retail investors foresee market volatility remaining at or above its current level over the next three months, according to a survey by optionsXpress, an options and futures trading technology platform.

The financial regulatory reform bill recently approved by the Senate could be improved to address several key issues that could negatively impact mutual funds, said Paul Schott Stevens, president and CEO of the Investment Company Institute.

WASHINGTON — The recovery zone bond program would double in size to $50 billion and Build America Bonds could be used to do current refundings of existing BABs under a new tax and jobs bill released late Thursday evening by leaders of the House and Senate tax-writing committees.

U.S. Trust, Bank of America Private Wealth Management, an affiliate of the Global Wealth & Investment Management (GWIM) unit of Bank of America [BAC], announced that Grant Boyd had been named market executive in Greater Atlanta. Boyd previously worked at The Private Bank of Wells Fargo, where he was a senior vice president and private banking manager for the Southeast region. In his new role he will oversee the direction and growth of U.S. Trust’s relationships with high- and ultra-high-net worth individuals and families.

Retail investors are expecting a roller coaster ride in the stock market over the next few months making it critical to re-evaluate investment strategies and determine goals going forward.

Three in 10 workers entering the work force will become disabled before retiring, according to the Social Security Administration, impacting their ability to earn an income in the near-term and significantly affecting their retirement income.

Despite a significant decline in sales in the past years, advisors and industry executives remain upbeat about annuities because the products are expected to protect principal and provide retirement income.

The naming of Sam Peters to run Bill Miller's $4.2 billion fund is seen as yet another step in the eventual successor plan.

Fund giant boards of directors at AllianceBernstein, American Funds, Fidelity, Vanguard and others are reportedly starting to bring about meaningful change in the corporations in which they are invested. Proof should come any day now, when the shareholder proxy votes from the annual meetings are released.

Fund giant boards of directors at AllianceBernstein, American Funds, Fidelity, Vanguard and others are reportedly starting to bring about meaningful change in the corporations in which they are invested. Proof should come any day now, when the shareholder proxy votes from the annual meetings are released.

Gore, 30-Year Veteran, Joins Wilmington as MD

BOSTON -- In their efforts to harmonize international regulations and allow the trade of structured products between continents, regulators in the U.S. and abroad acknowledge that cooperation with financial industry leaders is key to creating successful, transparent products.

BOSTON -- The staggering growth of UCITS (Undertakings for Collective Investment in Transferable Securities) throughout Europe, Asia and Latin America has led to a proliferation of new investment products and trading opportunities, but restrictive investment mandates and tax requirements in the U.S. are causing some U.S. investors to feel left out of the game.

Waddell Mutual Fund Among First Flash Crash Trades

Legg Mason has named Sam Peters, 40, co-manager of Bill Miller’s $4.2 billion Value Trust fund, a move widely seen as selecting Peters to be the eventual replacement for Miller as chairman and CEO of the firm.

Alternative-investment industry could get huge break if products are approved as UCITS.

The recovery zone bond program would double in size to $50 billion and Build America Bonds could be used to do current refundings of existing BABs under a new tax and jobs bill released late Thursday evening by leaders of the House and Senate tax-writing committees.

Though House and Senate lawmakers still have plenty of issues to work out in the final regulatory reform bill, one thing is already clear: The legislation will do little to streamline the fractured financial regulatory framework.