Illiquid Securities

S&P Capital IQ Launches Multiple Approach Bond Pricing and Valuation offering

The new offering provides an independent and transparent view of multiple pricing and valuation approaches across a single issue, including executed trade prices, evaluated prices, and risk adjusted

Point Capital Partners, LLC (PCP) Announces That Kevin C. O'Connor Has Joined PCP as a Partner

CHATHAM, N.J., Sept. 29, 2011 /PRNewswire/ -- Point Capital Partners, LLC (PCP) announces that Kevin C. O'Connor has joined PCP as a Partner. He will also serve as a Managing Director of Point

The Law Firm of Levi & Korsinsky Notifies Investors with Losses on Their Investment in Penson Worldwide, Inc. of Class Action La

NEW YORK, Sept. 21, 2011 /PRNewswire/ -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of Texas Dallas

INVESTOR ALERT: A Securities Class Action Has Been Filed on Behalf of Purchasers of Penson Worldwide, Inc. Common Stock During t

NEW YORK, Aug. 24, 2011 /PRNewswire/ -- A class action suit was filed against Penson Worldwide, Inc. ("Penson" or the "Company") (Nasdaq: PNSN) on August 23, 2011 that alleges violations of the

Institutional Investors Taking Longer to Change Investment Managers or Asset Allocations, According to Mellon Transition Managem

LONDON and SAN FRANCISCO, May 31, 2011 /PRNewswire/ -- Institutional investors are taking far longer to change investment managers or asset allocations than they did before the 2008 financial crisis,

Standard & Poor's Initiates Factual Stock Report Coverage on Western Asset Mortgage Defined Opportunity Fund Inc.

NEW YORK--(BUSINESS WIRE)-- Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Western Asset Mortgage Defined Opportunity Fund Inc. Western Asset Mortgage

Houlihan Lokey Acquires Red Pine Advisors

Move Strengthens Houlihan Lokey’s Capabilities in the Valuation of Complex, Illiquid Securities NEW YORK--(BUSINESS WIRE)-- Houlihan Lokey, an international investment bank, today announced the

Goldman Sachs defends mark-to-market

Goldman Sachs (NYSE: GS) has posted a defense of its mark-to-market methods on its Web site. It's fairly detailed, and may or may not satisfy its critics. But the whole issue of whether Goldman

Goldman Sachs cuts back in prime brokerage

The prime brokerage business is morphing as we speak. The free flow of leverage has been drastically reduced and that is leading Goldman Sachs--a premier prime broker along with Morgan Stanley--to

Big mark-to-market meeting on Wednesday

FAS 157, the controversial fair accounting rule, will be the topic of a roundtable today at the Securities and Exchange Commission. As you know, the rule has become the center of much controversy,