The firm plans to categorize and rate the 3,500 funds of hedge funds in its database.
Many are cutting back on medical care to cope with rising costs and a worsening economy, according to NAIC.
The repurchase program will begin sometime before Sept. 30 and involve $4.5 billion of auction rate securities.
A tax-exempt strategy that utilizes exchange traded funds investing in municipal bonds has been announced by Curian Capital.
Banc of America Investment Services allegedly sullied brokers' reputations, damaged potential relationships with clients.
A couple should consider setting up a 529 college savings plan to minimize the effect of spiraling tuition costs.
Raymond James' two primary broker-dealers are being scrutinized over ARS sales.
Qualifying investors will have the option of getting their claims heard by a three-person panel of arbitrators.
The bank will separate its investment banking, global asset management and wealth management units.
The Hartford Financial Services Inc. today appointed Marc Lieberman president and chief executive of Hartford Life.
