NASD To Tighten Restrictions On Sales Contests
By Staff WriterThe National Association of Securities Dealers wants to put even tougher limits on the kinds of non-cash incentives member companies can use to promote ...
June 10, 2005
Fort Dearborn Develops Micro-Group ProductsFort Dearborn Life Insurance Company has released a menu of products designed for companies with 2 to 9 employees.[@@]The new Focus on Small Business ...
June 10, 2005
-HEALTH-STHealth Sector Outlook Rosy, Raters SayHistorically strong and sustainable operating margins contributed to Standard & Poor's positive mid-year outlook for the health insurance sector.[@@]The ...
June 10, 2005
Insurer Donates Defibrillators To Nearby SchoolsHartford Financial Services Group Inc. has given a total of 14 potentially life-saving devices to 3 schools near its Hartford headquarters.[@@]Hartford donated the devices, ...
June 10, 2005
Securian Merges Annuity UnitsSecurian Financial Group is combining its individual annuity and retirement plan businesses.[@@]The combined unit, the new Security Retirement Savings unit, will include Securian departments ...
June 10, 2005
Two Third Avenue Funds Set to CloseJune 8, 2005 -- The Third Avenue Real Estate Value Fund (TAREX) and the Third Avenue International Value Fund (TAVIX) will close to new investors...
June 10, 2005
'Mack the Knife' Joins PequotNEW YORK (HedgeWorld.com)--John Mack, whose cost cutting and streamlining skills earned him the Wall Street nickname "Mack the Knife," has joined Pequot Capital Management Inc. as the hedge fund firm's chairman. Arthur J. Samberg will remain as chief executive and continue to oversee management of the firm and its investment...
June 10, 2005
Goldstein Addresses 'Sharply Narrowed' Legal Issue in SEC ChallengeLaying great stress, in the manner of Sherlock Holmes, on the issue of silence--as in that of a certain dog in the night--the petitioners in a lawsuit seeking to have the Securities and Exchange Commission's hedge fund registration rule vacated have filed a reply to the SEC's brief defending the...