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CEO Storms is Out at Marsh

Marsh&McLennan Companies, Inc. says that Brian M. Storms is stepping down from his position as chief executive officer of Marsh, Inc., MMC’s insurance broking subsidiary, effective immediately.

SEC Charges Auditors with SOX Violations

The Securities and Exchange Commission (SEC) charged 69 auditors with issuing audit reports on the financial statements of public companies although the firms were not registered with the...

ETF Assets Reach $505B in August

U.S. listed ETF assets rose by approximately $23 billion in August with size, sector, style, and fixed income ETFs experiencing considerable asset growth.

Lincoln, Ibbotson Partner on New Fund Lineup

Lincoln Employer Markets, a division of Lincoln Financial Group, is partnering with Ibbotson Associates to offer the Lincoln Ibbotson Insight Series of funds to its defined contribution clients.