Brokerage firms could lose up to $30 billion a year in fees if asset managers pursue a dual-class share structure that would add an exchange-traded fund option to existing mutual fund offerings, ...

QAre mutual funds covered by SIPC? ANo, mutual funds generally aren't covered by the Securities Investor Protection Corp. unless they are held in a brokerage account. But don't panic: The funds are ...

For more than two decades, US money managers have looked on enviously as Vanguard Group reaped the benefits of a unique ...

If you have been looking for Sector - Finance funds, a place to start could be Fidelity Select Brokerage and Investment Management (FSLBX). FSLBX has a Zacks Mutual Fund Rank of 2 (Buy), which is ...

The U.S. Securities and Exchange Commission paved the way on Monday for an asset manager to add exchange-traded share classes ...

TOKYO (CBS.MW) -- The Securities and Exchange Commission, already investigating sales practices at mutual fund companies, are also probing arrangements between these companies and brokerage houses and ...

Revenue sharing is one of the wealth management industry's murkiest and most persistent conflicts of interest, with billions of dollars likely changing hands each year. When a government watchdog sent ...

NEW YORK, June 28 (Reuters) - The NASD said on Thursday it assessed $1.25 million in fines against four firms that violated mutual fund sales rules, and said the firms will reimburse customers who ...