Presidential candidate John Edwards stands behind proposed tax hikes for private-equity and hedge fund managers, the Wall Street Journal reported.
Morgan Stanley has bought Daewoo Engineering & Construction Co.'s Seoul headquarters for $1.04 billion, published reports said.
A controversial proposal to raise wealth qualifications in alternative investments is being put on hold by the SEC.
The cost of fighting money laundering has risen 58% since 2004, according to a survey by KPMG.
TD Ameritrade will not open its books to two hedge funds that have urged it to consider a sale or merger.
WASHINGTON — The Securities and Exchange Commission is setting up an advisory committee on financial reporting to scrutinize the high number of financial restatements by public companies, according to Robert Pozen, who will head the committee.
WASHINGTON — The Department of Labor and Rep. George Miller, D-Calif., are considering separate efforts to crack down on pension consultant conflicts of interests following a report by the Government Accountability Office that said undisclosed conflicts could be lowering pension fund investment returns.
PHILADELPHIA — Although iPath exchange traded notes have amassed more than $2.6 billion since making their debut more than a year ago, their appeal remains a mystery to some industry experts.
NEW YORK — Advisers may want to think twice before loading a new retiree’s portfolio with equity investments, according to a retirement software developer.
NEW YORK — Dual broker-adviser registration may become more common as brokerage firms shift from fee-based brokerage accounts, but the adviser’s new role could lead to more litigation, according to lawyers.
