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REGULATION AND LEGISLATION 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.

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.

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.

ETFS NOV 05, 2007
Capital gains looming once again

Mutual fund investors will learn the hard way at the end of this year that you can never keep the tax man away for long.

WIREHOUSES NOV 05, 2007
Merrill reps upbeat about post-O'Neal era

Brokers at Merrill Lynch & Co. Inc. of New York are upbeat about the prospects for their company following the departure of chief executive E. Stanley O'Neal last week.

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.