News

Gartmore has been censured and fined $1.35m by the SEC for breaking its short-selling rules.

The trustee for the victims of Ponzi scheme fraudster Bernard Madoff has filed an $80m case in London's High Court of Justice against the swindler's UK operations.

Laurent Kssis at LaBranche Structured Products Europe (LSPE) discusses weekly European ETF trades, for the week ending 3 December

The release of internal research by the FSA outlining the correlation between qualifications and better advice has been delayed, despite calls for more evidence on the issue from MPs.

Housing Minister Grant Shapps has continued his pressure on the FSA to relax its Mortgage Market Review (MMR) proposals, arguing the rules must be proportionate and not put "unnecessary prescription" on the industry.

As research shows two in five IFAs believe clients do not understand protection, Scottish Provident has called for advisers to support its education campaign.

A fresh approach is needed to generate growth in the group risk market and tackle the challenge of impending legislative changes, according to Jelf Group.

Steve Webb has said the government will not give private sector pension schemes the power to override scheme rules to shift from RPI to CPI indexation.

Media reports that JP Morgan bought $1.5bn of copper due to the imminent launch of its copper ETF are based on "speculation" as the trade is "three times the size" needed for the fund, Macquarie says.

IFAs signed up to Nucleus have drawn up a proposal for a one page platform disclosure document for clients which they hope will set the standard for the industry.