Muni bond transparency isn't very transparent. Indeed, making sense of muni bond funds can be an exercise in frustration. Now, a new rating system may clear things up a bit.
A federal judge dismissed a suit claiming brokers are investment advisers because they receive marketing fees. But the decision is likely to be appealed. So what's at stake? A reversal in the decision could cost fund companies billions -- and force brokers to dually register.
Financial advisers have a new online tool to help show clients what effects rising interest rates will have on their municipal bond holdings
Given the continuing exodus of its sales executives, struggles with fund outflows and an unexpected $74 million in compensation-related expenses disclosed this month, Legg Mason Inc. has many doubting that it will hit its goal of increasing operating margins to 30% by early next year
Despite a devestating earthquake, blackouts, powerful aftershocks and growing concerns about radiation poisoning, U.S. financial firms in Japan say it's 'business as usual.'
Credit Suisse Asset Management LLC has nabbed a key executive to oversee its distribution in the wealthy and third-party retail channels.
The Vanguard Group Inc. and Fidelity Investments top a list of firms in the asset management industry ranked by how well they use social media.
BrightScope Inc. has launched a free online service that will allow investors to look up financial advisers
Mutual fund companies are bracing for the expected passage this month of a proposed Securities and Exchange Commission rule that they say would completely undermine their internal compliance processes
