Bloomberg

Bloomberg
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REGULATION, LEGAL & COMPLIANCE FEB 20, 2009
Stanford employee raised concerns with regulators in 2003

While R. Allen Stanford's investors were swallowing claims of vast returns on safe investments, some of his employees weren't so sure.

ALTERNATIVES FEB 20, 2009
Schwab ends custody of alternative investments

Concerned about liability related to hedge funds, Schwab is telling registered investment advisers that it will no longer accept custody of alternative assets.

RIA NEWS FEB 20, 2009
Madoff bought no securities for 13 years: Trustee

OPINION FEB 20, 2009
Should you dump mutual funds in favor of ETFs?

RIA NEWS FEB 20, 2009
Consumer prices rose 0.3% in January

The Labor Department said Friday that consumer prices rose by 0.3 percent last month, the biggest monthly increase since a 0.7 percent rise in July.

PRACTICE MANAGEMENT FEB 20, 2009
Madoff’s market making operation being sold

Trustees handling Bernard L. Madoff Securities is in the process of selling the market making operation connected with the firm, trustee Irving Picard said today .

PRACTICE MANAGEMENT FEB 20, 2009
Stanford said to decay healthy-teeth group’s funds

A trustee of a charitable foundation that helps poor people in Central America and Mexico has filed a civil case against Texas billionaire financier R. Allen Stanford.

FINTECH FEB 20, 2009
ACS Compliance Solutions, AdviceAmerica

Automated Compliance Solutions has unveiled compliance software for brokers, and AdviceAmerica Inc. has released a client relationship management solution.

LIFE INSURANCE AND ANNUITIES FEB 20, 2009
Iowa eases accounting rules for 11 insurers

The Iowa insurance commissioner has eased accounting rules for 11 insurers based in the state, allowing them to polish up their balance sheets.

RIA NEWS FEB 20, 2009
Morningstar 4Q earnings slip 3.5%

Morningstar Inc. yesterday reported a 3.5% decline in fourth-quarter earnings and the launch of a series of cost-cutting measures.