News

Displaying 42958 results
REGULATION AND LEGISLATION OCT 13, 2013
Despite debt ceiling debate, now is not the time to exit markets

Market experts say investors shouldn't pull their assets out of the market despite the looming debt ceiling debate. But they should be ready for plenty of volatility.

By Jeff Benjamin
REGULATION AND LEGISLATION OCT 12, 2013
Dimon warns against 'catastrophic' default

Lawmakers shouldn't risk a default on U.S. debt because the impact would be devastating and the full extent of the damage isn't knowable in advance, said Jamie Dimon of JPMorgan Chase & Co.

By Matt Ackermann
INDUSTRY NEWS OCT 11, 2013

By MFXFeeder
INDUSTRY NEWS OCT 11, 2013
Pundits wildly wrong about shutdown fallout

Why the media may be misstating the shutdown's impact, and other must-reads from wealth manager and CNBC commentator Josh Brown

By Joshua Brown
INDUSTRY NEWS OCT 11, 2013
Money funds drop risky treasuries as investors speed exodus

BlackRock joined the two biggest providers of money-market mutual funds in reducing exposure to the riskiest U.S. Treasury maturities as investors stepped up withdrawals across the industry.

By Matt Ackermann
WIREHOUSES OCT 11, 2013
Billion-dollar teams on the move

Two advisers split Morgan Stanley to join RBC but the wirehouse adds three teams.

By Trevor Hunnicutt
OPINION OCT 11, 2013
Getting real on a 'fee-only' definition

A convoluted and rigid definition runs risk of leaving consumers even more confused.

By MFXFeeder
RETIREMENT PLANNING OCT 11, 2013
T. Rowe bans 1,300 airline workers from trading 401(k) accounts

Group banned in an attempt to deter en-masse trading

By Darla Mercado
LIFE INSURANCE AND ANNUITIES OCT 11, 2013
New details on Allianz's latest annuity product

The life insurer unveiled more on its plans for the structured-product annuity in a regulatory filing this week.

By Darla Mercado
LIFE INSURANCE AND ANNUITIES OCT 11, 2013
Some Allianz variable annuities hit with fee hikes as firm dials back

Though many clients will see fees rise for protection riders, some will experience a decrease.

By Darla Mercado
INDUSTRY NEWS OCT 10, 2013
FX Concepts to exit investment management amid dwindling assets

“Assets at the firm have dropped to levels that can no longer sustain the business,” Robert Savage, the chief strategist at FX Concepts, said in an e-mailed statement.

By Matt Ackermann
INDUSTRY NEWS OCT 10, 2013
It's the debt ceiling, stupid

Investor confidence holding up OK, but perhaps not for long.

By Megan Durisin
INDUSTRY NEWS OCT 10, 2013
Shutdown masks debt ceiling, earnings, Doll says

Nuveen strategist: Looming issues could mean bumpy ride for investors

By By Bob Doll
MUTUAL FUNDS OCT 10, 2013
AlphaSimplex's tactical fund has timely launch with shutdown

Non-alt offering hedges exposure to stock portfolio using futures contracts

By Jeff Benjamin
REGULATION AND LEGISLATION OCT 10, 2013
Fink, Gross: Zero chance of debt default

The congressional dispute will end “very rapidly,” said BlackRock's CEO Larry Fink

By Matt Ackermann
RETIREMENT PLANNING OCT 10, 2013
VA changes puzzle advisers

By Darla Mercado
REGULATION AND LEGISLATION OCT 10, 2013
Former star Wedbush Securities broker wins $4.2 million award against firm

A former star Wedbush Securities broker wins a $4.2 million award against the firm in a case over pre-crisis sales of risky CMOs. It's the second big case the firm has lost in as many years. Bruce Kelly has the story.

By Bruce Kelly
REGULATION AND LEGISLATION OCT 10, 2013
All-public Finra arb panels get big boost with SEC rule

'Claimants' lawyers will love it. Defense lawyers will hate it.'

By Mark Schoeff Jr.
INDUSTRY NEWS OCT 09, 2013
Real cost of lawmaker squabbles: 1.75M jobs, 2% economic output

A Federal Reserve economist has developed an index to measure the true cost of political dysfunction in Washington. The toll so far: 1.75 million jobs, 2% cut in economic output.

By Gregory Crawford
RETIREMENT PLANNING OCT 09, 2013
The 800-lb. health care gorilla in the room

Plan for potential costs in separate pool of money — and stay healthy.

By Liz Skinner