Actively Managed Funds Disappoint in 2017 With Some Bright Spots
By Bernice NapachThe S&P Dow Jones Indices reports that most actively managed stock and bond funds underperformed their benchmarks indexes for 2017 except for growth stock funds.
March 19, 2018
Clayton: SEC Fiduciary Rule on Track Despite DOL Court DefeatAt the SIFMA compliance conference, Jay Clayton told Ken Bentsen that the court ruling on Labor's fiduciary rule "hasn't affected" the SEC's approach to its fiduciary rule-making.
March 18, 2018
New York Insurer Resolves Social Security Number BreachThe insurer will pay an amount equal to about $7 per Social Security number exposed.
March 18, 2018
Judge Lets Class Action Against Cigna Move ForwardThe plaintiffs are suing both Cigna and a pharmacy benefits manager.
March 17, 2018
CVS Faces Suit Over Mandatory Mail-Order ProgramThe plaintiffs contend that mandatory mail-order programs for HIV drugs are discriminatory.
March 16, 2018
No. 1 H-1B Visa Sponsor Tries to Bury Anti-White Bias LawsuitThe second-ranked company on the list is Tata Consultancy Services.
March 16, 2018
Morgan Stanley, Principal Advance as Court Vacates DOL RuleSecurities analysts say the legal battle could eventually reach the Supreme Court.
March 16, 2018
Investors Have Issues With Corporate America's New Bond IssuesBorrowers might eventually have to pay life insurers more for credit.