Stock commissions seen shrinking
Institutional stock trading commissions could fall by 20%, predicts Greenwich
July 9, 2009
Appeals court rejects SEC rule reining in hedge funds; Pequot denies improper trading
In a setback to the Securities and Exchange Commission, a federal appeals court on Friday overturned a rule bringing hedge funds under new supervision by the agency. Separately, Pequot Capital Management, a major hedge fund that is under SEC investigation for possible insider trading, denied that there was any improper activity by the fund.
Stock market braces for more gloom
SHANGHAI - When Chinese investors pumped their savings to fuel a feverish stock market last year, regardless of repeated warnings by the authorities to exercise prudence, few would have thought that their market assets would plummet by nearly 50 percent in half a year.
Charles Jaffe -- Your Funds THE SPEAKER was ripping mutual funds, as part of a spiel that he hoped would sell a stock-trading investment-education program. The best you can expect from funds, he said, is that they will go sideways. Read more here