The National Association of Insurance Commissioners of Kansas City, Mo., yesterday adopted a new proposal to modernize state-based regulation of reinsurance.
The latest performance data from the hedge fund industry shows that its indexes continue to decline at a slower pace than that of the stock market, but are still widely underperforming bonds.
The SEC has designated the Municipal Securities Rulemaking Board’s electronic municipal market access system — or EMMA — as the sole repository in which issuers must file necessary disclosures.
The ARS had been bought by three of New York-based BNY Mellon’s funds prior to mid-February, when the market for these debt instruments dried up, according to Fund Action.
Fidelity Investments of Boston today launched a program that allows investors to save for retirement while spending money.
Our goals are twofold: to help you retain your top clients — who are receiving their shrunken December statements, as well as phone calls from other advisers going after disgruntled clients — and to help you outline your plan for what is likely to be a tough year.
MetLife Inc. today said that its fourth-quarter profits will be up from the 2007 period and that it will reap the benefits of investment gains.
The next Congress will scrutinize a Department of Labor proposal that permits advisers affiliated with an in-house money management unit to recommend whatever products they want, including mutual funds with high management fees, to 401(k) participants.
The stock market's near free fall since September could play right into a concentrated bond offering by Kessler Memorial Hospital.
The end of each year is a time of reflection and anticipation.
