Bloomberg

Bloomberg
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WIREHOUSES FEB 05, 2007
Wachovia to unveil deferred-comp program

IRVINE, Calif. — Wachovia Securities LLC of Richmond, Va., is expected to roll out in coming weeks a significant new incentive program.

REGULATION, LEGAL & COMPLIANCE FEB 05, 2007
Canada’s reg reform project is on tap

OTTAWA — After much consultation, the Canadian Securities Administrators’ Regulation Reform Project is about to surface, though exactly when isn’t clear.

REGULATION, LEGAL & COMPLIANCE FEB 05, 2007
New report boosts idea of federal regulation of insurers

WASHINGTON — Proponents of allowing insurers to be federally regulated are taking heart in the inclusion of that proposal in a report recently issued by New York Mayor Michael Bloomberg and Sen. Charles Schumer, D-N.Y.

RIA NEWS FEB 05, 2007
Global exposure important to investors, Goldman says

NEW YORK — Exposure to global markets is playing an increasingly important role in the confidence investors have in a company and its stock, according to evaluations of 2006 fourth-quarter company reports published last month by Goldman Sachs & Co. Inc.

RETIREMENT PLANNING FEB 02, 2007
KPMG suffers adverse legal ruling

KPMG LLP endured another blow in its tax shelter case this week, when a federal judge in Texas ruled that tax shelters based on fake bank loans are not legitimate tax write-offs, according to the New York Times.

RIA NEWS FEB 02, 2007
Consumer sentiment sets record

Lower gas prices and a thriving labor market boosted consumer confidence to its highest level in two years, according to the monthly index of consumer sentiment that Reuters and the University of Michigan released today.

ALTERNATIVES FEB 02, 2007
Hedge fund group to price IPO Feb. 8

ALTERNATIVES FEB 02, 2007
Former hedge fund manager indicted for fraud

The former head of a Hailey, Idaho-based hedge fund was indicted on criminal charges that he carried out a fraudulent scheme that bilked investors out of $88 million, the U.S. Attorney's office said yesterday.

MUTUAL FUNDS FEB 02, 2007
Thornburg unveils international fund

Thornburg Investment Management Inc. announced today the introduction of the Thornburg International Growth Fund.

REGULATION, LEGAL & COMPLIANCE FEB 02, 2007
DOL clarifies investment advice exemptions

The Department of Labor's Employee Benefits Security Administration released its first Field Assistance Bulletin of the year, which provides guidance to field investigators regarding an exemption for investment advice in the Pension Protection Act.