Fed's low-interest-rate policy making tax-exempt debt very attractive, say portfolio managers; 'renewed confidence'
States, cities face rate cuts as financial pressures mount, credit rater warns; defaults, while rare, could increase
Timing is everything, and the high-profile analyst blew hers with that celebrated muni meltdown prediction for 2011; she still may end up being right, though
Dire prediction by high-profile analyst fails to pan out; tax-exempt debt sees 10.5% gain this year
Structured certificates of deposit offers exposure to market upside -- and downside; FDIC insured
Albert Pujols may have made a smart decision signing with the L.A. Angels instead of the Florida Marlins or sticking with the St. Louis Cardinals. His tax attorney may have a different view on the subject, however.
This was supposed to be the year the muni market went to hell in a handbasket. But with yields now matching -- and even surpassing comparable Treasuries -- tax-exempt bonds are suddenly very hot. | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111208&Category=FREE&ArtNo=120809999&Ref=PH&Params=Itemnr=PH>The ten muni funds investors flocked to in 2011 &raquo;</a>
Even with reforms, advisers could sally forth with new schemes
Unsecured debt for company maintenance facility now trading at 16 cents on the dollar
Every time the debate over the fiduciary standard of client care hits the news, RIAs pick up a few more clients.
The Obama administration, Congress and the SEC need to continue to press forward with their efforts to ensure that brokers are required to act in their clients' undivided best interests at all times
The lack of empirical evidence showing that brokers lead investors into bad investments because they want the commissions from those products is making it a challenge for supporters of a uniform fiduciary duty to convince lawmakers that there is a problem
Claims amicus brief filed by commission supports plaintiffs' argument brokerage propped up auctions; 'unchartered territory'
Morgan Stanley is planning to lay off 2.6% of its workforce, but reps at MSSB are safe. An insider, however, says the brokerage 'won't entirely escape the belt-tightening.'
Neuberger Berman Group has put research analyst Fayad Abbasi on paid leave as it looks into insider-trading
Investors, beware of the financial transactions tax proposed by Sen. Tom Harkin, D-Iowa, and Rep. Peter DeFazio, D-Ore
ING Groep NV will close its registered indexed annuity to new sales Oct. 31 after a little more than a year.
The government is hoping that its upcoming support for lifetime-income solutions such as annuities will encourage companies to add these options to their retirement plans for employees, but some worry that Uncle Sam isn't giving a big-enough push
Index up 6.3% this year, far outstripping S&P 500; 'sweet spot'