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RIA NEWS OCT 12, 2007
Consumers spend despite price boosts

Rising energy costs bumped overall producer prices up 1.1% during, but consumers were happy to open their wallets.

RIA NEWS OCT 12, 2007
Richest get even richer

The wealthiest Americans took a record slice of the income pie in 2005, according to an IRS report.

LIFE INSURANCE AND ANNUITIES OCT 12, 2007
Nebraska insurance director dies

Nebraska insurance director L.Tim Wagner died on Tuesday, according to the National Association of Insurance Commissioners.

FINTECH OCT 11, 2007
Merrill to open tech center in Canada

Merrill Lynch will hire 250 people by the end of 2008 to staff a new technology center in Toronto.

ETFS OCT 11, 2007
U.S. ETF assets up to $554 billion

ETF assets increased by 9.7% in September, as 15 new funds were launched, according to State Street.

ALTERNATIVES OCT 11, 2007
Dodge & Cox's Gunn blasts hedge funds

Hedge fund investors are likely to get burned, said John Gunn, chief executive of Dodge & Cox.

FINTECH OCT 11, 2007
Pershing hooks up to iPhone

Pershing announced that its broker-dealer customers can now access its NetExchange Pro online account management platform on the Apple iPhone.

RIA NEWS OCT 11, 2007
Michigan rep probed by regulators

One of the nation's top producing registered reps is under investigation by Michigan securities regulators.

ALTERNATIVES OCT 11, 2007
Treasury eyes hedge fund fees

The Treasury is weighing a number of guidance projects, including one on hedge funds’ tax treatment of management fees.

ALTERNATIVES OCT 11, 2007
Private-equity tax said to be alive in House

The private-equity tax hike will not go gentle into that good night, according to published reports.