Bloomberg

Bloomberg
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RIA NEWS JUL 25, 2008
Legg Mason, T. Rowe Price

Legg Mason today reported a loss of $31.3 million, or 22 cents a share, for the second quarter.

REGULATION, LEGAL & COMPLIANCE JUL 25, 2008
Finra to try revamped arbitration panels

The pilot program will allow about 400 arbitration claimants to select a panel without an industry representative.

RIA NEWS JUL 25, 2008
Surprisingly good news for durable goods

New orders for manufactured durable goods were up 0.8% in June for a total of $215.4 billion.

LIFE INSURANCE AND ANNUITIES JUL 25, 2008
Long term care issues addressed at hearing

Consumer protections and state partnership arrangements with insurance companies were among the topics.

OPINION JUL 25, 2008
1035 exchanges of annuities appealing but challenging

ALTERNATIVES JUL 25, 2008
Foreclosures up 121% in second quarter

One in every 171 households received a foreclosure notice in the quarter, according to RealtyTrac.

FIXED INCOME JUL 25, 2008
Gov't bond issuance to jump more than 50%

Net new issuance of Treasury coupon securities is projected to hit $82.5 billion in the third quarter.

LIFE INSURANCE AND ANNUITIES JUL 25, 2008
United Healthcare hit with hefty fine

The insurance company will pay $786,655.87 as part of a settlement with the North Carolina insurance department.

FINTECH JUL 25, 2008
SmartOffice 6, cashout calculator, experts online

Here's where to refer clients and non-clients asking, “How big a hit will I take if I cash out my 401(k)?”

RIA NEWS JUL 24, 2008
Beige book paints dark economic picture

Economic activity has slowed in the past month, with Americans buying fewer goods in all categories.