WASHINGTON (AP) – The Securities and Exchange Commission staff plans to recommend the agency tighten oversight of hedge funds – traditionally investment outlets for the wealthy that recently havelured small investors – by requiring them to be registered. A staff […]

State board rejects proposal for public audit of Strong By KATHLEEN GALLAGHER AND KEVIN MURPHY [email protected] Wednesday, September 24, 2003 Madison — The board that oversees Wisconsin’s college savings programs on Tuesday rejected state Treasurer Jack Voight’s proposal for an […]

Sep. 24–Once again, the rich get richer. Harvard’s $19.3 billion endowment, the largest in the country, yesterday reported that its investments grew by 12.5 percent in the year ended June 30, a performance that ranks among the best in the […]

Maximum Dynamics, Inc. (OTC BB: MXDY), a financial services company that supports the financial community with back office fund administration and client side support, announced today that it has signed an agreement to acquire a majority ownership of Unilogic Solutions […]

COLORADO SPRINGS, CO — (MARKET WIRE) — 09/24/2003 — Maximum Dynamics, Inc. (OTC BB: MXDY), a financial services company that supports the financial community with back office fund administrationand client side support, announced today that it has signed an agreement […]

<body.content> <block> <p>NEW YORK, Sept. 24 /PRNewswire/ — The law firm of Milberg Weiss Bershad Hynes &amp; Lerach LLP announces that a class action lawsuit was filed in theDistrict of New Jersey on September 23, 2003 on behalf of purchasers […]

NEW YORK–(BUSINESS WIRE)–Sept. 24, 2003–Credit derivatives have been a positive development for the global financial system, facilitating enhanced risk transfer and dispersion, according to theupdated global credit derivatives survey published today by Fitch Ratings. While credit derivatives have been beneficial […]

NEW YORK–(BUSINESS WIRE)–Sept. 24, 2003–Commerzbank Securities has appointed the following individuals to its New York office: — Thomas Billiard joins as a senior salesperson, Derivatives focused on Interest Rate Derivatives Products. Formerly with Barclays Capital Inc. as associate director, he […]

Sep. 24–MADISON, Wis.–The board that oversees Wisconsin’s college savings programs on Tuesday rejected state Treasurer Jack Voight’s proposal for an independent audit related to allegations StrongCapital Management Inc. allowed improper trades in some of its funds. Strong was one of […]

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: September 24, 2003> Time: 18:30:00> Tran: 092400cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: Alan Hevesi, John Waggoner> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY […]

Sep. 24–Information about Bank One’s involvement in the big ongoing mutual fund investigation is coming to light, and there’s a twist. Bank One had ended its relationship with Canary Capital Partners, a market-timing hedge fund, several months before New York […]

NEW YORK–(BUSINESS WIRE)–Sept. 24, 2003–SunGard (NYSE:SDS) today announced that SunGard Institutional Brokerage Inc. is now a full Member of S.W.I.F.T., the industry-owned cooperative supplyingsecure, standardized messaging services to 7,500 financial institutions in 200 countries. At the same time, SunGard is […]