News

In the first such action of its kind, the U.S. Securities and Exchange Commission (SEC) charged the state of New Jersey with securities fraud for not properly disclosing...

The Financial Industry Regulatory Authority (FINRA) has fined Merrill Lynch $500,000 for failing to provide sales charge discounts to customers of eligible purchases of Unit Investment Trusts (UITs).

The Vanguard Group has unveiled the Vanguard Target Retirement 2055 Fund, for investors 18 to 22 years old. 

Since August 1998, Beloit College's annual warning against dated references has reviewed the cultural milestones of a new college class.   

The August BofA Merrill Lynch Fund Manager Survey sees investors moving into Europe and out of Japan and the U.S.

Chris Blackwood has been tapped as Senior Managing Consultant at the new Denver office of PFM Asset Management LLC (PFMAM) .

A federal judge has thrown out a lawsuit accusing Raymond James of misleading investors and reserving too little for loan losses.  

Transamerica Asset Management Group says it will offer the Transamerica AllianceBernstein Dynamic Allocation VP fund. 

Retirement Plan Advisory Group (RPAG) has partnered with investment research and technology provider Markov Processes International (MPI) to enhance RPAG’s Scorecard System Generator.

Bank of America Corp. (BofA) may be divesting itself of its 34% share of BlackRock Inc., according to published reports.  

Despite the market rally, the direction of the total transfers in July remained fixed income-oriented, according to the results of the Hewitt 401(k) Index. 

New Federal Reserve regulations exempting most plan loans from federal Truth in Lending Act (TILA) disclosure requirements became effective in July.