Wall Street Fees Bleeding Pension Funds, Report Says
States struggling with unfunded pension liabilities could come up with tens of billions fairly quickly by simply cutting Wall Street out of their fat pension management contracts.
New Hire Roundup: Marcus Goes to Genworth
This week in new hires, Joel Marcus joined Genworth Wealth Management and Direxion brought in Patrick Rudnick as CFO.
SEC Approves Nasdaq’s $62 Million Facebook Settlement
The SEC approved a plan on Monday for Nasdaq to pay customers as much as $62 million for losses stemming from last year's controversial Facebook IPO.
Top 4 Commission-Free ETF Platforms
Here's what the major firms offer when it comes to trading for free in the exchange-traded universe.
5 Must-Have ETFs for Today’s Market
As investors look for ways to address inflation concerns and diversify, these ETFs hold distinct advantages.
5 ETF Megatrends for 2013
It's a busy product space for advisors to keep up with, and that won't change in the coming 12 months.
Top Portfolio Products: Samson Launches Currency Fund
Also, Arrow Investment Advisors partnered in the opening of the Northern Lights ETF Trust.
State Street Makes Case for ETFs in Obama’s Second Term
Targeted ETFs to consider in 2013 include REITs, munis and health care, says David Mazza, State Street’s head of ETF investment strategy.
Should Brokers Be Forced to Disclose Their Bonuses to Clients?
SEC Chairwoman Mary Schapiro in 2009 wrote a letter to broker-dealer CEOs warning them about recruiting brokers with high upfront bonuses.
Roubini: GOP’s Gold Standard Dream Would Cause Depression
It might be a relatively slow day for the markets, but the Twitterati—including Nouriel Roubini and PIMCO's Bill Gross—are abuzz.