Bloomberg

Bloomberg
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RIA NEWS SEP 22, 2010
David Dreman to step down as co-chief investment officer

David Dreman, the fund manager best known for against-the-grain bets on stocks he deems cheap, will step down as co-chief investment officer of Dreman Value Management LLC.

RIA NEWS SEP 22, 2010
U.S. recession ended in June 2009, says NBER

The longest and deepest U.S. recession since the Great Depression ended in June 2009, lasting 18 months, the National Bureau of Economic Research said.

RIA NEWS SEP 22, 2010
Incite: Cures for recession look a lot like causes of recession

Free money? Big bank consolidation? Extend and pretend? If this all sounds awfully familiar, you're on to something.

RIA NEWS SEP 22, 2010
Salopek: Market's 'like picking buckets of money off the ground'

A buildup of free cash flow creates an “extremely compelling” case for small-cap stocks, according to Steve Salopek, manager of the $100 million ING Small Cap Opportunities Fund Ticker:(NSPAX).

RIA NEWS SEP 22, 2010
Morgan Stanley Smith Barney: A Tale of Two "Lifers"

INcite: Congress should tell the SEC to 'go fund itself'
REGULATION AND LEGISLATION SEP 22, 2010
INcite: Congress should tell the SEC to 'go fund itself'

Self-funding would give the regulator a fighting chance of keeping up with the growing number of investment advisers

REGULATION AND LEGISLATION SEP 22, 2010
Allen Stanford slipped through SEC's suspicions for eight years: Report

The U.S. Securities and Exchange Commission didn't conduct a meaningful probe of indicted money manager R. Allen Stanford until 2005 even though examiners suspected him of operating a Ponzi scheme eight years earlier, an internal report found.

LIFE INSURANCE AND ANNUITIES SEP 21, 2010
Law targets insurance agents barred by other regulators

Florida measure empowers state to revoke licenses of brokers who have run afoul of various agencies

TD Ameritrade to spend $30M on tech in 2011
FINTECH SEP 21, 2010
TD Ameritrade to spend $30M on tech in 2011

Despite expectations that interest rates will remain near zero for another year, the interest-sensitive TD Ameritrade Holding Corp. plans to invest $30 million in technology and “client-facing” activities in fiscal 2011.

RIA NEWS SEP 20, 2010
Stocks set to extend rally ahead of Fed meeting

Stocks were set to extend their September rally into a fourth week Monday as traders eye the Federal Reserve's meeting later in the week.