Industry News Archive

Set Investors Straight
1/26/2010 3:46:33 PM Financial Planning

Sometimes, the sacred cows of personal finance lead to disappointment. I'm going to take on three: dollar cost averaging, tax-loss harvesting and the new darling, Roth conversions. The first two... Read More

Auction Of Chelsea Landmark Shelved
1/26/2010 3:46:28 PM Real Estate Finance

A foreclosure auction slated for 620 Sixth Ave, a landmarked Chelsea property between 18th and 19th Streets, has been shelved. Borrowers Yair Levy , the Chetrit Group and ... Read More

U.S. Securities Cases Rose In ’09
1/26/2010 3:46:21 PM Compliance Reporter

The number of U.S. securities cases filed grew by 13% last year amid fallout from the financial meltdown and Bernard Madoff scandal plus tougher approaches by regulators. ... Read More

The Hire Powers Speak Out
1/26/2010 3:46:19 PM On Wall Street

If you could talk to a room full of headhunters, what would you ask them? Will deals ever get any bigger than they are now? Do I have to have an entrepreneurial mindset to succeed in... Read More

Morningstar Nominates Fund Managers Of Decade
1/26/2010 3:46:17 PM Financial Advisor Magazine

Morningstar Inc. has announced its nominees for a new award-Morningstar Fund Manager of the Decade. Morningstar Inc. has announced its nominees for a new award-Morningstar Fund Manager of the... Read More

Hydro Quebec Ups Notes For Capex
1/26/2010 3:46:15 PM Power Finance & Risk

--Sara Rosner Hydro Quebec will increase its medium-term note program to CAD$20 billion ($18.8 billion) from CAD$16 billion to fund partially its CAD$25 billion capital... Read More

Will 2010 Be the Year of the Breakaway Broker?
1/26/2010 3:46:12 PM Financial Planning

Last year was a record year for breakaway brokers and this year could be even stronger, according to an executive at Fidelity Investments. The Boston fund company announced Tuesday that it... Read More

Fund Directors Fret Shareholder Nominee Plan
1/26/2010 3:46:08 PM Fund Action

The Independent Directors Council , which represents members of fund boards, has urged the Securities and Exchange Commission  to exempt investment companies from plans to... Read More

The Year of the Roth
1/26/2010 3:46:03 PM Financial Planning

This year rings in a new erafor roth IRAs. In 2010, anyone with an eligible rollover distribution from a company plan or IRA can convert that distribution to a Roth IRA, regardless of income... Read More

Analysts Shrug At CFTC Futures-For-Futures Ruling
1/26/2010 3:45:59 PM Wall Street Letter

-- Jeanene Timberlake & Corrie Driebusch Industry analysts are skeptical that a ruling from the Commodity Futures Trading Commission upholding its approval of the exchange of... Read More