The securities industry regulator says in a letter to a mutual fund trade group that mutual funds need to disclose more about their use of derivatives.
According to the July 30 letter to the Investment Company Institute, the Securities and Exchange Commission (SEC) indicates it is concerned shareholders of mutual funds are not aware of the extent of derivatives use in the industry and don't understand the risks involved.
New for Traders: CBOE launches 10-year Treasury volatility index
A wrap-up of new products and services from around the trading industry.
Dealers absorbing junk bonds as ETF demand drops
Wall Street banks are expanding holdings of speculative-grade bonds as prices fall from record highs with investors retreating from exchange-traded funds that buy the debt.
Financial markets and the role political scandals play
Headlines recently have been dominated by political scandal. Here's how these revelations play out in the markets.
Canada plans meat-trade fight as U.S. imposes origin-label rule
Canada vowed to escalate a dispute with the U.S. over plans to impose stricter country-of-origin labeling rules for meat.