Bloomberg

Bloomberg
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RIA NEWS DEC 13, 2007
H&R Block to take $74.8 million charge

H&R Block will record $74.8 million in restructuring charges related to shutting down its Option One Mortgage division.

RIA NEWS DEC 13, 2007
Federal budget 'unsustainable' says CBO

The United States is operating on an unsustainable federal budget that is bound to seriously damage the economy, the Congressional Budget Office said.

ALTERNATIVES DEC 12, 2007
Greenwich November hedge index off 1.61%

Greenwich reported significantly smaller losses than the S&P 500, Dow Jones and Nasdaq indexes.

REGULATION, LEGAL & COMPLIANCE DEC 12, 2007
Cox gives companies SOX reprieve

The SEC wants to give smaller companies more time to comply with section 404, Chairman Christopher Cox said this morning.

FINTECH DEC 12, 2007
The Hartford buys tech firm

The Hartford announced plans today to acquire TopNoggin, a technology firm based in Powell, Ohio.

RETIREMENT PLANNING DEC 12, 2007
401(k) disclosure regs floated

The Department of Labor proposed a new rule for fiduciaries meant to increase fee disclosure in 401(k)s.

RIA NEWS DEC 12, 2007
Fidelity to benefit breakaway brokers

Under the program, RIAs working with Fidelity will have access to affordable medical, dental and vision insurance.

REGULATION, LEGAL & COMPLIANCE DEC 12, 2007
Arbitration bill to cover securities contracts

Legislation "is intended to cover disputes between investors and securities brokers,” Sen. Feingold said.

LIFE INSURANCE AND ANNUITIES DEC 11, 2007
LIFE Foundation names new leader

The Life and Health Insurance Foundation for Education yesterday chose Marvin H. Feldman as the group’s president and CEO.

RETIREMENT PLANNING DEC 11, 2007
IRAs outshine defined contribution plans

Assets in individual retirement accounts grew 16.5% in 2006 to a record $4.23 trillion, according to EBRI.