Any person who exercises any discretionary authority or control over a plan's asset management, administration or disposition, or renders investment advice for a fee or other c ...

A transaction wherein a fiduciary acts in its own best interest rather than in the best interest of its clients; represents a conflict of interest and an illegal act, which can lea ...

A sector of the economy composed of finance, insurance, and real estate; includes banks and credit unions, credit card companies, insurance agencies, mortgage brokers, investment b ...

An independent, non-governmental, self-regulatory  organization that writes and enforces rules governing registered brokers and broker-dealers to safeguard the investing publi ...

A US federal law passed in 1989 that provided government funds to insolvent savings and loan associations, and mandating sweeping changes in the examination and supervision of savi ...

The risk of the possibility that shareholders, investors, or other financial stakeholders will lose money; more distinct probabilities include credit risk, liquidity risk, and oper ...

Generally refers to new space that is currently available for lease and has never before been occupied by a tenant.

The position in a security that will suffer the first economic loss if the underlying assets lose value or are foreclosed on; Carries a higher risk and a higher yield; The lowest c ...

An investor willing to commit to a fund before the fund’s first closing; the investor typically receives an incentive by the fund investment manager for making the commitment ...

The first investment vehicle raised by a fund manager, typically by a firm or fund management team that has not previously raised any prior fund.