Jon Corzine, the former Democratic senator and governor of New Jersey, is warning the financial services industry: Don't try to fight the financial-reform bill being debated in Congress.
Jon Corzine, the former Democratic senator and governor of New Jersey, came to the defense of his old employer, Goldman Sachs Inc,. in remarks at the Investment Company Institute's General Membership Meeting on Wednesday afternoon.
The firm is seeking $344K from the ex-broker - and current Hamilton County, Ohio trustee - for alleged 'unauthorized withdrawals' from a client's account.
Grail Advisors LLC is partnering with DoubleLine Capital LP to launch an actively managed emerging-markets fixed-income ETF in what will be the first such fund of its kind to hit the market.
Huntington Asset Advisors Inc. may be the first fund company to convert an existing mutual fund into an actively managed exchange-traded fund, but it won't be the last, some observers predict.
Standish Mellon Asset Management has spent the past several months unwinding the credit risk of its municipal bond funds, but isn't scared of massive defaults coming down the pike.
Broker-dealer firms aren't providing financial advisers with the technology and resources that they need to manage risk in their portfolios, according to Robert S. Kapito, president of BlackRock Inc.
The Investment Company Institute has slammed assertions around mutual fund fees made by kaChing Group Inc., continuing an online sparring match between the two.
The SPDR Barclays Capital International Corporate Bond ETF Ticker:(IBND) began trading on the New York Stock Exchange Arca today.
In a move that one industry expert dubs 'a big hit,' the fund firm sees its 10-year relationship with the state come to a halt
