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Investors gravitate to bonds, alternative investments and international equities.
May 7 -
Macaskill: "We didn't really understand what we owned."
May 7 -
The Financial Industry Regulatory Authority is preparing to take enforcement action against certain firms for selling municipal bonds to retail customers without disclosing material information, including that the bonds credit ratings had been spiraling downward, a FINRA official said Thursday.
May 7 -
Loan-level data about the mortgages pooled in those MBS was available to investors in Abacus and other such deals throughout the frothy heyday of CDOs
May 7 -
Though it was clear from the start that a Republican alternative on the consumer bureau was going to fail, GOP lawmakers dragged out the debate rather than allowing the measure to be voted on and moving on to some of the roughly 140 other amendments still to be considered.
May 7 -
WASHINGTON - Despite the enormous weight of proposed regulations bearing down on the financial services industry, mutual funds are taking the issue in stride, focusing on their core strengths of transparency, diversity, customer service - and solutions.
May 7 -
WASHINGTON - The $12 trillion mutual fund industry will hit record sales of 20% or greater in 2010, driven by continued demand for bonds, alternative investments and international equities, Strategic Insight projects.
May 7 -
Charles Schwab will pay an additional $35 million on top of the $200 million settlement announced April 20 in the District Court, Northern District of California case against the Schwab YieldPlus fund.
May 7 -
In an effort to help advisors meet regulatory requirements, State Street Corp. launched a suite of money maket funds services.
May 6 -
The staff of the Securities and Exchange Commission will hold a public seminar next month to help mutual funds comply with new electronic filing requirement that take effect next year.
May 6 -
A new legal eagle at BNY Mellon, executive changes at MassMutual and more.
May 6 -
The new program provides advisor coverage for B and C clients as well as recruitment gaps.
May 6 -
The Boston-based company launched the suite of services to help advisors meet regulatory requirements
May 6 -
In what could be a first of its kind action in the municipal bond market, the Internal Revenue Service has suspended tax-exempt bond attorney Michael W. McCall for at least 24 months from practicing before it for writing a false tax opinion.
May 6 -
In joint letter to legislators, trade associations ask that insurers be excluded from resolution funding.associations
May 6 -
Community bankers are close to winning a key change to the Senate regulatory reform bill that would require the government to base deposit insurance rates on assets instead of domestic deposits.
May 6 -
Retiring boomers are changing the way the financial services industry - and the government think about annuities.
May 5 -
The low interest rate environment is helping keep fixed annuity rates unattractively low, creating interest in income-paying alternatives.
May 5 -
According to a study, employees will need 15.7 times their final pay to account for inflation and post-retirement medical costs.
May 5 -
Investment managers rely on an array of high-fangled electronic tools to execute the most complex program trading and algorithmic trading strategies. But such is not the case when it comes to managed accounts.
May 5
