Mutual Funds
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Ex-Morgan Stanley Broker Tells Advisors to Grow a Spine
By Joyce HansonSkittish clients are leading the conversations and have made advisors spineless, says Bob Auer of Auer Growth Fund, who left Morgan Stanley in 2007.
September 18, 2012
Pimco’s Gross Slams Fed in Tweet CritiqueSure, hes no Kim Kardashian or Ashton Kutcher, but PIMCOs Bill Gross is gaining traction with his Twitter feed.
September 18, 2012
Sen. Corker: SEC Nearing a Money-Market Fund SolutionThe senator urged the SEC in a letter to move ahead with further reform, saying a run on money-market funds is still a real risk.
September 17, 2012
Merkel Defends ECB, BundesbankChancellor Angela Merkel of Germany defended both sides of the bond-buying issue, saying that politicians should stay out of ECB limits in bond purchases but championing the right of the Bundesbank head to challenge them.
September 17, 2012
Downgrades of France, Others Irrelevant: InvestorsRatings agencies suffer from a credibility problem, judging from market reactions to some of their most dramatic moves.
September 14, 2012
SEC Fines NYSE for Giving Proprietary Customers Head Start on Market DataNYSE Euronext agreed to a $5 million penalty for sending market data to proprietary customers' feeds before broadcasting it publicly, becoming the first exchange to pay an SEC fine.
September 14, 2012
Federal Reserve announces new round of stimulusBut how long will this stimulus last?
September 13, 2012
A $4 trillion Dodd-Frank loopholeTo get around a Dodd-Frank requirement, bankers have offered to help traders turn risky securities into the bonds they need.