SEC Responds to Market Volatility by Ramping Up Bond-Fund Exams
Surging market volatility is making regulators increasingly concerned that bond funds have loaded up on hard-to-sell assets.
SEC Wants Exchange-Traded Funds to Be Easy to Trade
An efficient-markets-fundamentalism model of the SEC is actually pretty good for predicting what the SEC will do. Except about insider trading, I guess.
SEC Rejects Non-Transparent ETFs
The SEC rejected plans by BlackRock and Precidian Investments to open a new type of ETF that wouldn’t disclose holdings daily.
Fidelity Launches Actively Managed, Fixed Income ETFs
Fidelity Investments is expanding its ETF offerings with a suite of actively managed fixed income funds.
New Hire Roundup: Vanguard’s McNabb to Serve Additional Term at ICI
Meanwhile, Dynasty Financial Partners announced a new partnering with Nova Wealth Advisors.
U.S. Retirement Assets Rise to $24 Trillion
Retirement assets, accounting for 36% of all household financial assets in the U.S., rose by 2.8% in the second quarter.
Lots of Testimony, Much Dissent on Retirement Fixes
Senate Finance hears plenty of suggestions (including from John Bogle) for boosting savings, but also that the idea of a retirement crisis is overblown.
WBI Investments Launches 10 ETFs, Attracts $1 Billion-Plus in Assets
WBI’s Don Schreiber says actively managed ETFs are the “next frontier” for ETF growth.
ICI Welcomes New SEC Rules on Funds, Asset Managers
“Any risks that may arise in asset management are best addressed by the SEC,” says ICI's Paul Schott Stevens.
401(k) Savers Who Stuck Out Financial Crisis Reaping Rewards
Workers who saved consistently in a 401(k) plan during the five years that included the financial crisis are reaping the rewards.