Former Oppenheimer Adviser Charged in Insider-Trading Case
More than 30,000 non-traditional ETF transactions, totaling approximately $1.7 billion, were carried out by Oppenheimer representatives, according to the regulator.
UPDATE: The most 'dangerous thing' that could push the S&P below 700
The most 'dangerous thing' that could push the S&P below 700
Of the muni bond funds tracked by Morningstar Inc., OppenheimerFunds stands out as the biggest fan of debt issued by financially-strapped island nation.
The top investment strategists say Mr. Trump's anti-trade, anti-immigration and isolationist policies would also hurt the U.S.'s standing in the world.
The unions wants to know if the firms adequately valued their bond holdings as the island's fiscal crisis worsened.
Asset allocation gets the spotlight, but contribution rates count for more, and perhaps costs, too.
Puerto Rico's governor says the island's $72 billion debt load is too big to pay. OppenheimerFunds , the largest mutual-fund holder of the bonds, disagrees.