Michelle Bowman cast the first dissenting vote by a Federal Reserve governor since 2005, preferring to cut rates by a smaller amount at Wednesday’s policy meeting. The Fed cut rates by 50 basis points ...

The partnership represents a vehicle for BlackRock to offer alternative investments to affluent retail investors.

ProShares has seized upon daily call strategies with the launch of several ETFs. It started with the ProShares S&P 500 High Income ETF (ISPY) late last year. After that came the ProShares Nasdaq-100 ...

Lawyers have complained the agency has long battled whistleblowers over their awards. Under the law, tipsters can reap 15% to 30% of any taxes collected. Those awards are now increasing, according to ...

The Securities and Exchange Commission today announced charges against registered broker-dealer and registered investment advisor First Horizon Advisors Inc. for failing to maintain and enforce ...

Daniel J. Galli has been chosen as the 2025 Financial Planning Association president-elect for a one-year term, succeeding incoming 2025 FPA President Paul Brahim, the FPA announced today.

The rules also lower the maximum amount of fees exchanges charge some brokers to access protected quotes on their platforms to $0.001 per share for stocks priced at $1 or more. Exchanges can charge ...

By focusing on value over cost and prioritizing quality alerts, firms can navigate the challenges effectively.

LPL Financial, a full-service financial advisory firm based in San Diego, is making a major expansion in Tempe, Ariz., with an added home office that will eventually accommodate 1,000 employees, the ...

A major battle is being waged among money managers over as much as $10 trillion coming to the U.S. market over the next decade from banks, insurers and wealthy retail clients, with firms needing to ...

The bond market has priced in too many Federal Reserve interest-rate cuts, says Daniel Ivascyn, who runs the world’s largest actively managed fixed-income fund at Pacific Investment Management Co.

A former Greenwich, Conn., advisor who defrauded clients of $2.7 million through a cherry-picking securities scheme was sentenced yesterday to 21 months in prison, followed by three years of ...