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Long-term mutual funds had positive sales for the 49th straight week, taking in $5.68 billion in the week ended Feb. 17, according to the Investment Company Institute. This brings sales over the last 11 months to a total of $476 billion.

In an effort to boost confidence in the market, the Securities and Exchange Commission decided to place restrictions on short-selling, the controversial trading practice of betting on a stock's decline.

A chat with the new CEO at Raymond James Financial, plus other executive changes.

The Delaware company has added 18 wealth managers in the region in the past five months and wants to continue to expand organically.

An average 24% increase in advisory, distribution and service fees fueled a 87% surge in Eaton Vance’s first quarter profits to $46.2 million, or 37 cents per share, compared with profit of $24.7 million, or 21 cents per share in the year-ago quarter ended Jan. 31.

A MassMutual survey of 1,000 of its retirement plan participants found that 75.8% believe the stock market will improve over the next 12 months. Only 7.6% think it will decline.

More than 800 exchange-traded funds trade daily in the United States. How can advisors choose? Two experts reveal what advisors need to know to successfully use these products.

A New York federal judge ruled Wednesday that the Securities and Exchange Commission’s lawsuit against Reserve Management, its founder, Bruce Bent, Sr., and his son, Bruce Bent II, can proceed since the SEC adequately proved they committed fraud through misstatements and omissions of facts about the flagship Primary Fund.

Ask a broker why 12b-1 fees exist and you’ll get a variety of answers. The SEC's chairman said there should be greater transparency around the fees, which could be as high as 1%.

CUSIP Global Services, the numbering agency for North America, and Avox have teamed up to create a new identification code for business entities called Cabre.

The Securities and Exchange Commission voted unanimously to issue a statement affirming support for a single set of high-quality globally accepted accounting standards and ongoing consideration of incorporating International Financial Reporting Standards into the financial reporting system for U.S. issuers.

The Baltimore fund company is considering fixed income and equity strategies and is not planning on cloning any existing funds.

"Almost Hard to Fathom," Mier Said.

Sale would be part of effort to sell $715 billion in non-core assets

The investment bank buys the PE advisory business of the former Lehman jewel as it continues its global expansion; will more fund-raisers be targeted?

WASHINGTON — A day after the release of regulatory data that showed the worst decline in lending in 67 years, lawmakers pressed Federal Reserve Board Chairman Ben Bernanke Wednesday on what he and the other agencies were doing to reverse the trend.

Legislation would create powerful new regulator

The Securities and Exchange Commission has received just over 200 comment letters since it posted its proposed roadmap for transitioning to International Financial Reporting Standards on its website in 2008, and it’s now receiving some extra suggestions ahead of its deliberations on the roadmap on Wednesday.

Spectrem Group’s Affluent Investor Confidence Index rose three points to negative-10 in February, returning to neutral territory for the first time since November. The increase in the index, which measures the investment outlook of households with $500,000 or more in investable assets, follows a two-point advance in January and brings the index to neutral from mildly bearish for only the second time since February 2008.

A “new frugality,” born of The Great Recession and two consecutive years of declining consumption—the first time since the Great Depression—is becoming entrenched consumer behavior that will persist for years even as the economy rebounds, inevitably reshaping marketing strategies for financial services and other leading companies, a Booz & Co. survey of 2,000 U.S. consumers shows.