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REGULATION AND LEGISLATION JUL 28, 2008
‘Rescue’ bill White House bound

A sweeping housing bill is expected to be signed into law by President Bush in the middle of this week.

RIA NEWS JUL 28, 2008
Brokers troubled by ARS complaints on their records

As if dealing with clients stuck with auction rate securities isn't challenging enough, brokers are dismayed that firms are reporting some ARS-related customer complaints on the brokers' public disciplinary records.

RETIREMENT PLANNING JUL 28, 2008
Labor Department proposal on 401(k) plans provokes debate

A Department of Labor proposal released last week seeking to provide the country's 65 million 401(k) participants with additional information about fund charges is stirring debate among different advocacy groups as to whether more data would be helpful or damaging.

RIA NEWS JUL 28, 2008
Freud meets finance: new focus on feelings

A wealthy prospect wanted investment-grade bonds, and only investment-grade bonds, in his portfolio.

MUTUAL FUNDS JUL 28, 2008
Global-infrastructure fund goes retail

First American Funds Inc. of Minneapolis is hoping to leverage the growing popularity of infrastructure investing by opening its seven-month-old previously institutional-class mutual fund to retail-class investors.

ETFS JUL 28, 2008
Bear market funds maul competition

Bear market funds seek positive returns in down markets, so it isn't surprising that they are mauling the competition and generating plenty of investor attention in the process.

MUTUAL FUNDS JUL 28, 2008
Advisers consider funds with managed futures access

There aren't many mutual funds that give investors access to managed futures, but the dearth of options isn't stopping some financial advisers from considering them.

LIFE INSURANCE AND ANNUITIES JUL 28, 2008
Allianz taps new CFO

Allianz Life Insurance Company of North America of Minneapolis today named Giulio Terzariol chief financial officer.

RIA NEWS JUL 28, 2008
Decision to retire usually is made fairly quickly

The amount of time workers take when considering retiring and executing the decision to leave a company is typically quite short, according to the results of a new survey released by the Employee Benefit Research Institute.

FINTECH JUL 28, 2008
Tamarac updates Advisor, cuts cost

In a move to attract a broader client base, Tamarac Inc. last week launched an updated version of its Advisor software that will cost small advisory firms about half of what they would pay for the current edition.