The burdenof scrutiny

Retail trades in the corporate bond markets are forecasted for growth. But as retail interest in the corporate bond market increases, fixed-income research desks may be forced to comply with equity-like regulatory burdens. Saskia Scholtes reports

Over the past several years, America’s 76 million baby boomers have aggressively saved for retirement, contributing to a dramatic growth in equity investments. But as the boomers approach retirement age and seek capital preservation rather than growth, many are expected to shift a portion of their portfolios from stocks into fixed-income securities. Retirees may choose to fine-tune their mutual-fund portfolios and simply invest more money with institutional fixed-income managers, but direct