Investments

The Department of the Treasury is asking primary dealers what impact the SEC’s revisions to Rule 2a-7 will have.

Wherever the money’s going, it’s not going to municipal bond mutual funds.

Following a disastrous first quarter a year ago, T. Rowe Price Group Inc. announced Friday that its quarterly profits more than tripled.

The Financial Industry Regulatory Authority announced Thursday it has reached settlements with units of HSBC and U.S. Bancorp related to the sale of auction-rate securities that became illiquid when auctions froze in February 2008.

The civil suit filed against Goldman Sachs by the Securities & Exchange Commission alleging securities fraud could strengthen the argument to establish a universal fiduciary standard, according to legal experts.

The Department of the Treasury on Friday issued a questionnaire to primary dealers asking them how the SEC’s new money market fund rules, which take effect on May 5, could impact demand for Treasuries and the broader Treasury repo and cash market functioning. Treasury is seeking the information ahead of a meeting with the dealers on April 30.

NEW YORK—The financial services industry might want to take a cue from Domino’s Pizza before declaring “mission accomplished” on the economic crisis.

With stock gains in the triple-digit, where can an investor turn for the next big thing?

JPMorgan, the nation’s third largest municipal underwriter, and Charles Schwab, one of the world’s largest financial services companies, have joined forces to meet what they see as increasing demand from retail investors in the fixed-income market.

Dodd calls for study on performance information in advertisements.

Senate Banking Committee Chairman Chistopher Dodd (D-Conn.)’s financial overhaul bill takes issue with performance information in mutual fund advertisements and asks for a review of the practice by the comptroller general.

Between women living longer and financial crisis, they are concerned more than ever about not having enough money to last throughout their lifetimes. As a result, more women are buying income annuities to ensure they have sufficient retirement income.

More women are buying income annuities to ensure they have sufficient retirement income.

The Denver-based investment management saw profits and assets under management increase as trading continued to recover from the depths of the recession a year earlier.

Brookby, Gao now spearheading the New Opportunities, Vista and Small Cap Growth funds.

Brokers voice concerns at Mutual Fund Directors Forum.

The Justice Department is seeking to intervene and temporarily halt fact-finding by a group of localities in their class action suit against Wells Fargo & Co. and 15 other banks, broker-dealers and investment brokers for allegedly conspiring to rig bids and fix prices of investment and derivatives contracts in the municipal market.

The New York PE firm, in a filing, disclosed that it raised $491 million of a revised $1.3 billion target

WASHINGTON – The Securities and Exchange Commission’s proposed large trader reporting system would seriously hinder large floor traders and brokerages, according to industry executives.

Putnam President and CEO Robert L. Reynolds has replaced the managers of three funds to further bolster investment performance.