Bloomberg

Bloomberg
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FINTECH JUL 19, 2007
Award highlights WiMAX investment

Aperto Networks has been named as the Top WiMAX Company in India by VOICE&DATA magazine in its latest annual survey of multiple technology sectors in India.

ALTERNATIVES JUL 18, 2007
Bear Stearns hedge funds tapped out

Investors in Bear Stearns’ two failed hedge funds have lost their money and will probably not get it back, according to published reports.

FIXED INCOME JUL 18, 2007
Boost muni market oversight, says Cox

The SEC chief wants Congress to mandate more oversight of the $2.4 trillion municipal bond market.

ALTERNATIVES JUL 18, 2007
Downturn feared for credit derivatives

Global credit derivatives totals spiked 113% in 2006, but that streak is threatened by recent hedge fund disasters.

RETIREMENT PLANNING JUL 17, 2007
Investments as 401(k) defaults floated

The Department of Labor has proposed that investments be allowed as default options in 401(k) plans.

LIFE INSURANCE AND ANNUITIES JUL 17, 2007
Assurant execs on leave after SEC notice

Insurance provider Assurant put its CEO and CFO on administrative leave after regulators notified the two executives that they may face civil charges.

LIFE INSURANCE AND ANNUITIES JUL 17, 2007
Willis settles Florida fee cases

Willis Group Holdings. today agreed to reimburse about $2.6 million to cities and counties throughout Florida.

RIA NEWS JUL 17, 2007
Investors think globally, invest locally

Only 38% of consumers think the U.S. will be the world economic leader in ten years, but few plan on investing abroad.

INDEPENDENT BROKER DEALERS JUL 17, 2007
AIG Advisor Group to consolidate units

The largest B-D network will fold American General Securities of Houston into AIG Financial Advisors of Phoenix.

RIA NEWS JUL 17, 2007
FMR appoints new president

Fidelity Investments has appointed Rodger Lawson as the president of FMR Corp., the group's holding company.