New Hire Roundup: Janus Capital Adds Scholes, Alankar
Also in new hires, the SEC announced that Thomas Krysa has been named associate regional director for enforcement in its Denver office.
Andy Friedman: GOP in ‘Strong Position’ to Take Senate
But the party that wins the Senate majority is “unlikely to influence greatly” the legislation that emerges from the post-election Congress, says Friedman.
Top 10 Dumbest States for Financial Literacy: 2014
WalletHub, a financial decision making site, assessed states based on two categories: knowledge and education; and planning and daily habits.
Is Private Equity Wrong for Retirement Funds?
Questions are raised about opacity, risk and the often enormous fees guaranteed to fund managers no matter how they perform.
Grieving Clients, Sensitive Advisors
Communication with the bereaved is an increasingly important advisory skill.
20 Best & Worst States for Taxpayer Value
WalletHub’s study factors in infrastructure, education, health and three other categories of state government services.
Advisors ‘Following the Money’ to New, Underserved Markets
The best new markets for advisors are in increasingly far-flung places, away from traditional financial hubs like New York and Los Angeles.
SEC, DOL Enforcement: Camelot Manager Charged With Stealing $9M From Clients
Meanwhile, the SEC charges two college professors in a naked short selling scheme and suspends trading in 255 shell companies to fight microcap fraud.
House Passes $1.1 Trillion Government Budget
Lawmakers voted 359-67 to send the measure to the Senate, which is set to pass it later this week.
Yellen Confirmed by Senate to Become Fed Chairman
Yellen, who will replace Bernanke after Jan. 31, will be the first woman to head the central bank in its 100-year history.