The Markets

IMHO: Pay “Back″?

It was an interesting week, to say the least—all the more so since I spent it surrounded by financial advisers.

Mutual Fund Assets Drop 5% in June

The combined assets of the nation's mutual funds decreased by $612.42 billion, or 5%, to $11.678 trillion in June, according to the Investment Company Institute (ICI).

Pax Fined $500k in SRI Violations Case

A New Hampshire socially responsible investment (SRI) money manager has agreed to a $500,000 settlement with federal regulators in charges it improperly bought securities despite its own SRI...