The SEC has voted to give some non-discretionary advisory accounts limited relief from principal trading restrictions.
Chief executive Eric Schwartz is handing the title of president to chief operations officer Amy Webber.
NAPFA has teamed up with the Hueler to launch a platform that allows fee-only planners to purchase institutionally priced annuities for their clients.
Goldman's Global Alpha managers sent a letter to investors saying they would keep the fund open.
FRM, a London-based global hedge fund manager, will transition its assets to JPMorgan Hedge Fund Services.
It’s the latest chapter in whether insurers can sue participants in a municipal bond transactions for securities fraud.
The registered investment adviser will pay $32.5 million to settle market-timing charges with the SEC.
The regulator is probing for relationships between managers, employees, family members and public companies.
NovaStar, the troubled residential lender, will give up its status as a real estate investment trust.
Assets for 529 college savings plans managed by Fidelity Investments grew nearly 60% for the past year to $13.5 billion.
