SEC’s Money-Market Overhaul Faces Uncertain Future
SEC Chairwoman Mary Schapiro was stymied in her reform efforts last week, as a provision attached to a funding bill would require the SEC to study the situation once again.
SEC’s Schapiro Adamant About Money-Market Fund Reforms
During a conversation between Schapiro and Mellody Hobson, president of Ariel Investments, at the ICI's annual conference, Hobson said the industry and the SEC were at “loggerheads” over the SEC’s plans.
SEC Forms New Investor Advisory Committee
The SEC announced the makeup of its new Investor Advisory Committee, a Dodd-Frank requirement. Among its members: Mellody Hobson of Ariel, Steven Wallman of Foliofn, and Barbara Roper of the CFA.
Bhansali Named Ariel CIO for New International Portfolios
Ariel Investments announced Wednesday the appointment of Rupal Bhansali as CIO of international equities, reporting to CEO John Rogers.
Winning Ariel Fund Highlights Warren Buffett’s ‘Moats’
John W. Rogers Jr.’s socially responsible Ariel Fund beat or nearly met its benchmarks using Warren Buffett’s “moats” concept.
At Schwab Impact, Skepticism Voiced Over 'New Normal'
During the pre-conference opening session at Schwab Impact 2010 in Boston on Tuesday evening, advisors in the audience responded warmly to skepticism that the markets and economy is marked by a "new normal" as espoused by PIMCO's Bill Gross and Mohammed El-Erian.
At Schwab Impact, Optimism Reigns on the Markets and Economy
Kicking off Schwab Advisor Services' Impact 2010 conference in Boston, a panel consisting of Liz Ann Sonders, Schwab's chief investment strategist, and Ariel Investments' president said they were optimistic about the economy and the markets for the rest of 2010 and into 2011.
Schwab IMPACT Conference Registration Outpacing 2009
Charles Schwab IMPACT 2010 Conference will focus on technology at the annual conference from October 26-29, as advisor registration has already outpaced last year's numbers, according to Schwab on Thursday.
Study: African Americans, Hispanics "significantly" unprepared for retirement
A comprehensive examination of 401(k) saving and investing behaviors of African-American, Hispanic, Asian and white employees finds African-American and Hispanic workers are "significantly" less prepared...