Sue Asci
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
Boston Bureau Reporter at Investment News. Connect with her on LinkedIn.
In a switch from the downturn of 2000, retail investors have actually increased their trading volume, a panel of analysts told participants at the annual meeting of the Financial Industry Regulatory Authority Inc. in Boston. Finra is based in that city and New York.
Although regulatory reform will result in more-stringent enforcement in the wake of the financial crisis, the authorities in charge of that enforcement are not likely to change much, according to a panel of experts speaking today at the Financial Industry Regulatory Authority Inc. at its annual conference in Boston.
In a switch from the downturn of 2000, retail investors have actually increased their trading volume, a panel of analysts told participants at the annual meeting of the Financial Industry Regulatory Authority Inc. in Boston. Finra is based in that city and New York.
An increasing number of millionaires don’t feel wealthy, largely due to the losses they experienced in the markets last year, according to a study released by Fidelity Investments of Boston.
Charles Schwab Investment Management Inc. has lowered expenses on all of its equity index funds and reduced the minimum investment to $100 across all of its funds.
President Obama’s proposal to rein in tax deferrals for U.S. corporations doing business overseas will have a negative impact on the ability of financial services firms to compete worldwide, according to the Financial Services Roundtable.
The Phoenix Cos. Inc. of Hartford, Conn., announced today the promotion of Christopher Wilkos to executive vice president and chief investment officer.
Legg Mason Inc. today reported a net loss of $325.1 million, or $2.29 per diluted share, for the fourth quarter of the fiscal year ended March 31.
Technology funds led equity funds in returns for the first four months of the year, according to Lipper.
The Des Moines, Iowa-firm laid off 550 people companywide in December and subsequently instituted salary reductions ranging from 2% to 10%,
