News

A federal judge in Ohio has reversed course on a company stock suit filed by former Owens-Corning employees with a new ruling that the suit was filed too...

The combined assets of the nation's mutual funds decreased by $261.65 billion, or 2.7%, to $9.355 trillion in November, according to the Investment Company Institute (ICI).

Merrill Lynch&Co. Inc. agreed Tuesday to pay $1.55 million to settle a lawsuit claiming discrimination in the firing of an analyst because he was an Iranian Muslim, Reuters...

U.S. bond sales and asset-backed securities issuance were down sharply in 2008 amid the global credit crisis.

Investment management firm Calvert has announced the launch of the Calvert Government Fund.

Ringing out the old year, today the U. S. Department of Labor (DoL) has unveiled another final regulation.

Both Merrill Lynch and Smith Barney have trimmed their payout amounts for lower producers.

Three independent broker/dealers (IBDs) control an overwhelming share of managed account assets in the independent channel, according to data from Cerulli Associates.

A new study suggests that changes in Social Security rules have influenced retirement and working patterns.

Allianz Global Investors Fund Management LLC, investment manager to PIMCO High Income Fund, has announced changes to the fund's investment policies.

Brandes Investment Partners, L.P. has announced the availability of two mutual funds.

Advisers' outlook on the economy and the stock market improved slightly in December, according to Rydex AdvisorBenchmarking.

Retirement and wealth management consulting firm SageView Advisory Group has added Mark Forkey, as a senior investment adviser to its Northeast Practice.

In early 2009, Woodbury Financial Services will introduce upgrades to its automated work distributor (AWD) platform.

As a parent (or even a mentor), sooner or later, you’ll wind up sharing tales of the way things “used to be.″

Reserve Management might be facing enforcement action from the Securities and Exchange Commission (SEC) in connection with the failure of the firm's mutual fund.

The combined assets of the nation's exchange-traded funds (ETFs) were $478.06 billion in November, down 0.9% from the prior month, according to the Investment Company Institute (ICI).

The U.S. District Court for the Eastern District of Michigan has denied a motion to dismiss a case brought by participants of Ford Motor Co.’s employee stock ownership...

A bill signed into law by the president only provides relief from the mandatory distribution regulations for 2009.

The Internal Revenue Service (IRS) will allow investments in a Section 529 program to be changed on a more frequent basis in 2009.