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RETIREMENT TAX AUG 12, 2008
Nuts and bolts of 529 college savings plans

A couple should consider setting up a 529 college savings plan to minimize the effect of spiraling tuition costs.

NEWS INDUSTRY NEWS AUG 12, 2008
RJ probed on auction rate securities

Raymond James' two primary broker-dealers are being scrutinized over ARS sales.

NEWS INDUSTRY NEWS AUG 12, 2008
Finra creates ARS arbitration process

Qualifying investors will have the option of getting their claims heard by a three-person panel of arbitrators.

NEWS INDUSTRY NEWS AUG 12, 2008
Morgan Stanley to buy back ARS

The repurchase program will begin sometime before Sept. 30 and involve $4.5 billion of auction rate securities.

NEWS REGULATION AND LEGISLATION AUG 12, 2008
Finra panel awards two brokers $1.2 million

Banc of America Investment Services allegedly sullied brokers' reputations, damaged potential relationships with clients.

INVESTING ETFS AUG 12, 2008
Curian offers muni-bond ETFs

A tax-exempt strategy that utilizes exchange traded funds investing in municipal bonds has been announced by Curian Capital.

INVESTING ALTERNATIVES AUG 12, 2008
Morningstar to rate funds of hedge funds

The firm plans to categorize and rate the 3,500 funds of hedge funds in its database.

NEWS INDUSTRY NEWS AUG 12, 2008
LPL hikes transfer and termination fees

LPL Financial will increase its outgoing account transfer fees for retail accounts and termination fees by $20.

RETIREMENT RETIREMENT PLANNING AUG 12, 2008
Strapped Americans scrimping on insurance

Many are cutting back on medical care to cope with rising costs and a worsening economy, according to NAIC.

RETIREMENT RETIREMENT PLANNING AUG 11, 2008
Employers make it easier to participate in 401(k)s

Employers are getting more proactive about offering incentives to make it easier for employees to use a 401(k) plan, according to a study from Deloitte Consulting LLP.