FA News

Gaffney Leaves Loomis Sayles For Eaton Vance

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Kathleen C. Gaffney, CFA, has joined Eaton Vance Corp. in Boston as vice president and co-director of investment grade fixed-income.

MIT Jumps To First In World University Ranking

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MIT jumped to first place in a new ranking of the world's best universities by U.S. News & World Report. Top schools for accounting and finance were also ranked.

SEC Sued Over 'Conflict Minerals' Rule By Business Groups

The U.S. Chamber of Commerce and National Association of Manufacturers asked a federal court to modify or scrap U.S. Securities and Exchange Commission rules governing so-called conflict...

U.S. Stocks Drop On Disappointing Earnings, Commodities Sink

U.S. stocks fell, sending the Standard & Poor's 500 Index down for the third time in four days, amid disappointing results at companies from 3M Co. to DuPont Co...

AIG To Pay $300 Million in Death Benefits Review

American International Group Inc., the insurer that counts the U.S...

Lerner Banned By Finra For Misleading On REITs

David Lerner was banned from the securities industry for a year and his firm ordered to pay $12 million for misleading investors into buying real estate investment trusts, regulators said.

CFP Board Implements New Bankruptcy Rules

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The CFP Board today identified 112 advisors who have declared bankruptcy, but under new rules will not subject them to disciplinary action...

Is Election Uncertainty Slowing RIA M&A?

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Ten RIA firms with combined assets of $6.1 billion merged or were acquired in the third quarter of 2012, according to Schwab Advisor Services.

Prepaid College Tuition Plan Launches Web Site

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Financial advisors may have clients interested in a new Web site from a prepaid tuition plan owned and operated by 270 private colleges and universities.

Worst Carry Trades Show Central Banks At Stimulus Limits

The $4 trillion-a-day foreign- exchange market is losing confidence in central banks' abilities to boost a struggling world economy.

U.S. Stocks Top All Other Assets For First Time Since '95

U.S. stocks are beating every major asset class for the first time in 17 years even as economic growth weakens and profits rise at the slowest rate since 2009.

The Low Beta Way To Beat The Market

by Nathan Greenwald

Various funds aim to achieve the holy grail of higher returns with less risk.

Holistic, Communicative Advisors Less Likely To Get Fired, Study Says

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Financial advisors who provide a holistic approach to planning and communicate regularly with clients are the least likely to get fired by their clients, says a new study by ByAllAccounts.

Play The Natural Gas Surge With These ETFs

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Investors can choose between funds focused on equities or those based on futures contracts.

1,500 Private Fund Advisors Register With SEC

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The Securities and Exchange Commission reported that 1,504 advisors to hedge funds and other private funds have registered with the agency.

ETFs Ripe For Contrarian Investors

by Daniela Pylypczak

Some of this year's ETF losers could be primed to become next year's winners.

Music City ETF

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Can an ETF focused on Nashville be a hit with investors?

Existing Home Sales Decline As Supply Drops

Sales of previously owned U.S. homes decreased in September from the highest level in two years, restrained by a lack of supply that may keep pushing prices up.