AllianceBernstein Holding LP, Franklin Resources Inc. and Waddell & Reed Financial Inc. are the three publicly traded mutual fund companies with the most at stake pending the SEC's 12(b)-1 reform.
Default, dear Brutus, is in Pennsylvania, as capital city will miss payment on bond; Ambac to cover
Sure, investors have fled the stock market. Ask them why and many say the market's gotten too unpredictable, too scary. But new research shows those fears are overblown.
The NBER says the recession ended in June 2009. But an exclusive <i>InvestmentNews</i> survey reveals most advisers think the economy is still hurting, with 'effects that will linger for months and years to come.'
The Hartford Financial Services Group Inc. is disbanding its distribution arm, Hartford Life Distributors, and decentralizing its wholesalers among four recently established business units.
The securities industry hopes that the Supreme Court will reverse a lower-court decision that it fears could put all mutual fund companies and financial advisers who sell their funds at a greater risk of being targets of class actions, observers say.
Insurer's second state pickup, following selection by West Virgina; ETFs on the menu
Latest state to slash charges on college savings plans; 'downward trajectory'
Concerns about scam artists driving public to self-directed accounts
