Bloomberg

Bloomberg
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MUTUAL FUNDS MAR 27, 2009
DWS to shutter three mutual funds

DWS Investments plans to liquidate three of its 77 mutual funds on June 5, according to a filing this week with the Securities and Exchange Commission.

RIA NEWS MAR 27, 2009
Fork over estimated tax now, and save

If you can’t file your 2008 federal income tax return with the Internal Revenue Service by April 15 and have to file for an Oct. 15 extension, you can still save on interest and penalties.

RIA NEWS MAR 27, 2009
Analysis: Pendulum swings to financial restraints

Three decades after Ronald Reagan launched a determined campaign to ease government regulations on business, the pendulum is swinging the other way.

MUTUAL FUNDS MAR 27, 2009
Money fund regs not expected to exceed ICI guidelines

Although the Securities and Exchange Commission is eyeing regulatory changes for money market mutual funds, industry observers are not expecting stricter standards than those adopted by the Investment Company Institute last week.

FIXED INCOME MAR 27, 2009
Defrauded MBIA investors get $60 million

Distributions of $60 million have been made to investors of municipal bond insurer MBIA Inc. of Armonk, N.Y., the Securities and Exchange Commission announced today.

ALTERNATIVES MAR 27, 2009
Commercial banks take 4Q hit trading derivatives

Commercial banks lost $9.2 billion trading derivatives during the fourth quarter as the credit crisis intensified, according to a report released today by the Office of the Comptroller of the Currency.

REGULATION, LEGAL & COMPLIANCE MAR 26, 2009
Consumer watchdog agency proposed in House

Two congressmen think that a new consumer watchdog agency is needed in the wake of the financial crisis.

RETIREMENT PLANNING MAR 26, 2009
New tab for retirement health care: $240,000

The cost of health care in retirement has risen 50% since 2002, according to research released today by Fidelity Investments.

ALTERNATIVES MAR 26, 2009
Mortgage rates drop to record low

Rates on 30-year mortgages plunged this week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market.

RIA NEWS MAR 26, 2009
U.S. jobless claims set new record

For a 10th straight week, the number of Americans who are continuing to claim jobless benefits increased, fresh evidence that the labor market remains weak despite other hopeful signs that the recession may have bottomed out.