Clients will be able to rate their financial advisers using a website launched this week.
Advisers and investors may snap up <a href=http://www.almanac.com>The Old Farmers Almanac</a>, which hit the newsstands yesterday, not only for the weather forecasts but to see which way the wind is blowing when it comes to futures.
For the first time, American Funds shareholders will be voting this fall on whether to ask the boards of directors of 16 funds to institute a divestment policy against companies that do business in countries where genocide and crimes against humanity have occurred.
Squeezed by rising bank failures and alarmed by its shrinking insurance fund, the Federal Deposit Insurance Corp. has made it easier for private-equity investors to buy failed institutions, but one prominent analyst believes that the move could lead to even more shuttered banks.
Money market mutual funds would benefit from a federal program to guard against the risk of illiquidity in the markets, analysts yesterday at the first Money Fund Symposium in Providence, R.I.
The continued zero interest rate environment may be presenting a bigger challenge to money market mutual fund managers than rule changes <a href= http://tinyurl.com/lom2a4>proposed </a> by the Securities and Exchange Commission, several managers told participants today at the Money Fund Symposium in Providence, R.I.
Finra has expelled an investment firm in Southfield, Mich., for inappropriate practices that occurred in its retail foreign-currency business and repeated violations of registration and related rules, according to a statement.
Denver Nuggets basketball star Carmelo Anthony filed a lawsuit in federal court last week alleging that his former financial and business adviser transferred more than $2 million from his accounts without his knowledge or consent.
Inflation fears and attractive returns are driving demand for Treasury Inflation-Protected Securities.
Even as ETFs continue to take market share away from mutual funds and gain more popularity with retail investors and advisers, officials for Fidelity Investments are maintaining that the fund giant is unlikely to expand its proprietary exchange traded fund lineup.
