Bloomberg

Bloomberg
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RETIREMENT PLANNING JAN 14, 2008
Citi, Merrill, Morgan hit with ERISA claims

Employee plaintiffs are lining up to sue the major brokerage firms over losses in company stock.

ETFS JAN 14, 2008
Van Eck launches Coal ETF

Van Eck Global launched trading of the Market Vectors–Coal ETF on the New York Stock Exchange today.

MUTUAL FUNDS JAN 14, 2008
Money management stocks may not repeat success of '07

As 2008 gets under way, publicly traded money manager stocks' ability to hold up to the market pressure that felled other financial services stocks last year is being questioned.

REGULATION, LEGAL & COMPLIANCE JAN 14, 2008
Disclosure rules contain loophole

The Financial Industry Regulatory Association encourages investors to check on the professional backgrounds of brokers by using its BrokerCheck system.

FINTECH JAN 14, 2008
NYSE buys Wombat for $200 million

With the purchase, NYSE Euronext hopes to further improve their connectivity, transaction and data-management solutions.

OPINION JAN 14, 2008
In Roth IRA Conversions Timing Is Everything

If the timing is right, there’s a compelling case for converting a traditional IRA to a Roth IRA, even though Roth conversions are a tough sell.

RETIREMENT PLANNING JAN 14, 2008
New regs may give 403(b)s new life

Starting in 2009, new rules will change the landscape of the 403(b) industry, making the plans look more like 401(k)s and increasing their attractiveness to savvy advisers in the process, industry leaders believe.

RIA NEWS JAN 11, 2008
Rising oil prices fuel U.S. trade gap

The U.S. trade deficit grew to $63.1 billion in November 2007, an increase of 9.3% over October.

LIFE INSURANCE AND ANNUITIES JAN 11, 2008
Hartford chooses fixed-income leader

As managing director and head of fixed income trading, Bill Parry will oversee all fixed income traders.

RIA NEWS JAN 11, 2008
Confidence at all-time low, says survey

The RBC CASH Index, which has gauged consumer confidence since 2002, hit a new low this month.