Investment Instruments

The Arkansas Teacher Retirement System said it had suffered losses as a result of abandoned risk controls on funds meant to weather severe market downturns.

These funds have returned 30% or more year to date, according to ETF.com.

But is it up to government or industry?

Advisors providing rollover advice may become subject to fiduciary standards, but they may find relief in the new prohibited transaction exemption.

The company is reporting $6.7 billion in net income for the second quarter on $62 billion in revenue.

Thanks to the voting practices of some large mutual fund and ETF managers at annual shareholder meetings, some CEO salaries are higher than logic would suggest.