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'Zero plan' chopped — but tax breaks still on the block
NEWS RIAS DEC 01, 2010
'Zero plan' chopped — but tax breaks still on the block

Congress won't act directly on a proposal approved by a presidential deficit commission this week, but elements of the plan could become part of legislative proposals in coming months to address huge fiscal imbalances.

YOUR PRACTICE PRACTICE MANAGEMENT DEC 01, 2010
Incite: No news is bad news for women at brokerages

If you're curious about how important workplace diversity is to Wall Street, consider the commotion that ensues when it's time to roll out the red carpet and honor the industry's inclusion luminaries.

Deficit panel's 'zero plan' could do a number on insurers, advisers
NEWS RIAS DEC 01, 2010
Deficit panel's 'zero plan' could do a number on insurers, advisers

Preferential tax treatment for retirement programs and insurance products are threatened in a draft proposal from the chairmen of the national deficit commission, according to advocates.

NEWS REGULATION AND LEGISLATION DEC 01, 2010
Incite: Brokers hold the cards in disputes with clients

In Finra arbitration pilot program, investors fared better with all-public panels

Shilling: 'Significant' stock selloff dead ahead
NEWS INDUSTRY NEWS NOV 30, 2010
Shilling: 'Significant' stock selloff dead ahead

Investment guru sees another recession within two to three years; 'not much that can be done'

Tax tips: Greater returns and asset consolidation
NEWS RIAS NOV 28, 2010
Tax tips: Greater returns and asset consolidation

It's that time of year when you are talking to clients about taxes.

RETIREMENT LIFE INSURANCE AND ANNUITIES NOV 28, 2010
Ameriprise bails on outside sales of RiverSource

Ameriprise Financial Inc. has cut off outside broker-dealers from selling its RiverSource variable annuity, limiting sales to Ameriprise registered representatives.

INVESTING MUTUAL FUNDS NOV 24, 2010
Stanford professor stung by First Republic bond fund wins $2.2M

A First Republic Bank unit was ordered to pay a retired Stanford University professor and his wife $2.18 million after arbitrators found the firm gave them only a “fleeting and slapdash” explanation of a municipal bond fund that imploded during the credit crisis in 2008.

NEWS INDUSTRY NEWS NOV 24, 2010
Bank of America to sell First Republic Bank to private equity investors for more than $1B

Bank of America Corp. said Wednesday it has agreed to sell First Republic Bank, a private bank it inherited from Merrill Lynch & Co., to a group of investors.

NEWS INDUSTRY NEWS NOV 22, 2010
Incite: Gold will outlast dollar once slaughter comes

The world's monetary system is in the process of melting down. We have entered the endgame for the dollar as the dominant reserve currency, but most investors and policy makers are unaware of the implications.