New Hire Roundup: SEC Names Levine to Head Advisor Exams in Chicago
In another career move, Elliot Hollingsworth has joined wealth advisory firm Halbert Hargrove as regional director.
Sanctions on Russia Hit Finland’s Economy
Reduced tourism and spending add to Finland’s woes as S&P cuts its rating.
Barnes Investment Advisory Bullish on International Investing From Day One
Financial planner Stephen Barnes has been a believer in the benefits of investing outside the U.S. since he started out in the 1980s.
Can Green Be Its Own Reward?
Those interested in both green investments and insurance might want to consider keeping an eye on a recently issued performance insurance policy that combines both.
Does the World Have Too Many Active Managers?
Only a “small subset of the active managers and the hedge funds are useful to society,” Towers Watson's new think tank says.
Enforcement Roundup: Stock Scam by New Yorker Used to Pay for Vacation, Plastic Surgery
Meanwhile, Rajaratnam brother to pay more than $840,000 for insider trading.
New Hire Roundup: Northern Trust Welcomes Marsh
Meanwhile, LIMRA has hired Dr. Betty Moon as managing director of Bank Insurance and Securities Research Associates.
Japan IPO Outlook Brightens After Recruit Debut
Initial public offerings in Japan have been in the doldrums for a while.
Top Portfolio Products: BlackRock Launches Commodities ETF
Vident introduces a bond ETF, Wolf Hedge adds global fund, and Allianz rolls out a new fixed indexed annuity.
SEC, FINRA Enforcement: HFT Firm Charged With Manipulating Closing Prices
In another action, FINRA slapped TD Ameritrade for a recordkeeping failure.