SEC subpoenas documents in Massachusetts; 'these products are top of mind'
Private placements require a higher level of scrutiny than listed securities, so advisers need to know who is doing the auditing and whether independent due diligence is being conducted. <i>InvestmentNews</i> News Editor Bruce Kelly explores some of the risks and issues engulfing the industry.
The recent wave of fear surrounding the municipal bond markets is overhyped, but the increased focus on the fiscal condition of state and local budgets is a good thing, according to Leslie Barbi, head of fixed income at RS Investments.
Should investors be spooked about the prospect of a muni market meltdown after Meredith Whitney's warning on 60 minutes last week?
The leader of one of the country's most politically influential business organizations in a speech today criticized what he called a “regulatory tsunami” in Washington that represents the “biggest single challenge to jobs … and the future of American enterprise.”
Bond king likens free-spending policy makers to female mantis, 'munching on the theoretical heads of future generations'
<i>The webcast “Forecast 2011,” was held Dec. 7 in New York. The transcript was edited to acknowledge passage of the Obama-GOP tax compromise. It was moderated by deputy editor Evan Cooper and senior editor Jeff Benjamin. </i>
Like other brokerage firms, The Charles Schwab Corp. is known to be self-protective about its discount brokerage customers. And like other firms, it has sued former brokers whom it suspects of violating prohibitions against soliciting clients.
The Charles Schwab Corp. has been hit with another lawsuit claiming that its Total Bond Market Fund, which was represented as tracking the Lehman Brothers U.S. Aggregate Bond Index, loaded up with mortgage-backed securities prior to the financial crisis.
Asset manager sues its ex-investment chief again, this time for allegedly misappropriating trade secrets
In a sign that local economies might not be in such bad shape, the Pimco boss plunks $4.4 million of his own money into muni bond funds.
Stocks unpopular with Wall Street up 165% since March 2009
To avoid future panics in money market funds, the mutual fund industry is calling on federal regulators to force broker-dealers to disclose information about their money fund clients.
It's been slow in coming, but the mutual fund industry is finally beginning to offer specifics about the type of backstop it wants to set up for money market funds.
Worst performance in nearly 25 years, as prices plunge; the good news: yields are soaring
Two out of three say they have little or no knowledge of exchange-traded funds; 'too complicated' for 15%
Investment opportunities in the health care sector have begun to take shape following the passage of the sweeping reform legislation last week.
Investment guru says long bonds from Uncle Sam the kiss of death
F. William McNabb II is nervous. His firm, The Vanguard Group Inc., has been on a run lately
Fund firm says it received request for general information; FBI widening net in probe of expert networks
