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NEWS INDUSTRY NEWS FEB 26, 2016
U.S. stocks rise with emerging markets

S&P 500 extends gains after manufacturing, construction data

RETIREMENT RETIREMENT PLANNING FEB 26, 2016
Rising home prices put a damper on aspirational online real estate searches

Traditionally, buyers browsing online listings have looked at homes that cost more than they are planning to spend, but that has changed in some pricey markets.

'Big Short' professor's fund swells in past year
INVESTING MUTUAL FUNDS FEB 26, 2016
'Big Short' professor's fund swells in past year

Richard Thaler's cameo in the Oscar contending movie “The Big Short” was a rare moment of glamour for an economist who built his career studying the follies of human behavior.

NEWS RIAS FEB 25, 2016
It's easy to become a financial adviser

All you have to do is pass the Uniform Investment Adviser Law Examination and answer 72% of the questions correctly

RETIREMENT RETIREMENT PLANNING FEB 25, 2016
Why it's more difficult than ever to trust financial advisers

A new working paper by business school professors at the University of Chicago and University of Minnesota found that 7% of advisers have been disciplined for misconduct.

RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 25, 2016
Fidelity suspends MetLife annuity sales as insurer mulls breakup

The second-largest U.S. mutual fund company stopped sales of MetLife's annuities in light of uncertainty surrounding a possible sale of its retail unit.

MetLife weighs spinoff of domestic retail business as CEO seeks less oversight
RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 25, 2016
MetLife weighs spinoff of domestic retail business as CEO seeks less oversight

After non-bank systemically important financial institution designation, insurer is weighing a possible sale, spinoff or public offering

NEWS INDUSTRY NEWS FEB 24, 2016
Ex-JPMorgan broker gets five years for gambling funds away

A former JPMorgan Chase & Co. broker said he stole millions of dollars from customers because his brain was “hijacked” by an addiction to sports gambling.

ETFs expose high-yield divide
INVESTING MUTUAL FUNDS FEB 24, 2016
ETFs expose high-yield divide

An odd thing happened on the way to last year's credit selloff: The market for risky debt broke into pieces, with some pieces becoming toxic and others remaining relatively in favor.

MassMutual to acquire MetLife adviser network for $300 million
NEWS INDUSTRY NEWS FEB 23, 2016
MassMutual to acquire MetLife adviser network for $300 million

Massachusetts Mutual Life Insurance Co. agreed to buy a distribution network from MetLife Inc., adding 4,000 financial advisers.