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ETFS NOV 07, 2007
Rydex debuts ExpressShares ETFs

Rydex Investments has launched six ExpressShares exchange traded funds on the American Stock Exchange today, bringing the size of its ETF family to 30.

LIFE INSURANCE AND ANNUITIES NOV 06, 2007
Allianz upgrade to cover wildfire victims

Fireman’s Fund, a member of Allianz Group, has launched the first green homeowners’ insurance policy upgrade.

ALTERNATIVES NOV 06, 2007
Hedge fund inflows $18.6B in September

Emerging markets took the lion’s share of the new money, as investors poured in $11.4 billion – 61% of the total.

REGULATION, LEGAL & COMPLIANCE NOV 06, 2007
Tax bill 'dead on arrival,' says McCrery

A bill that would protect 21 million taxpayers from paying the AMT “will not become law,” said the congressman.

RIA NEWS NOV 06, 2007
Record revenue at Raymond James

Raymond James has surpassed the $1 billion mark in revenue this year — only the second indy B-D to reach that level.

LIFE INSURANCE AND ANNUITIES NOV 05, 2007
B-Ds brace for new rule on sales of deferred VAs

A new rule governing broker-dealers' sales of deferred variable annuities is about to drop, and the firms are arming themselves to face it — but not without a little grumbling.

FIXED INCOME NOV 05, 2007
November U.S. bonds top $100 billion

Issuance of U.S. investment grade bonds is expected to reach $100 billion this month, according to Dealogic.

LIFE INSURANCE AND ANNUITIES NOV 05, 2007
NYLI names Eileen T. Slevin CIO

Ms. Slevin, a 30-year veteran of the company, will direct more than 1,300 tech professionals in six U.S. locations.

FIXED INCOME NOV 05, 2007
Supremes weigh muni-bond taxation

The Supreme Court will hear arguments today in a case that could affect the way states tax other states’ bonds.

ALTERNATIVES NOV 05, 2007
Hedge funds next target of plaintiff's bar?

The collapse of some hedge funds may be turning into the next cause celebre for plaintiff's attorneys who file arbitration claims on behalf of investors looking to recoup losses.