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RIA NEWS FEB 19, 2009
January producer prices rose, ending five-month skid

Producer prices rose faster than expected in January, according to a Department of Labor report released today.

REGULATION, LEGAL & COMPLIANCE FEB 19, 2009
UBS fined $780 million in tax evasion scandal

UBS AG will pay $780 million in fines, interest and restitution to avoid U.S. prosecution on charges that it helped wealthy Americans evade taxes.

REGULATION, LEGAL & COMPLIANCE FEB 19, 2009
New SEC top enforcer: Khuzami

Former Deutsche Bank general counsel and federal prosecutor Robert Khuzami today was named director of enforcement at the SEC.

RIA NEWS FEB 18, 2009
Housing starts dropped 16.8% in January

New residential-housing construction permits continued to decline last month, falling 4.8% from December.

REGULATION, LEGAL & COMPLIANCE FEB 18, 2009
Pershing will aid clients caught in Stanford mess

Clients of the troubled Stanford companies who clear through Pershing LLC will be able to liquidate their accounts if approved by the court-appointed receiver, Dallas attorney Ralph Janvey.

LIFE INSURANCE AND ANNUITIES FEB 18, 2009
States fight for right to regulate equity index annuities

When the SEC declared that equity index annuities are securities last year, it ignored the McCarran-Ferguson Act.

REGULATION, LEGAL & COMPLIANCE FEB 18, 2009
Morgan Stanley exec charged with $2.5M fraud

A former Morgan Stanley employee has been charged with stealing $2.5 million from the firm, with the crimes allegedly occurring over more than seven years.

REGULATION, LEGAL & COMPLIANCE FEB 18, 2009
Obama plan targets 9M homeowners

President Obama’s mortgage plan aims to keep up to 9 million families from losing their homes to foreclosure.

RIA NEWS FEB 18, 2009
Tax maven advising California says advisers should be wary

A member of a blue-ribbon panel appointed by California Gov. Arnold Schwarzenegger to make recommendations on improving the state’s tax code said the panel’s members are philosophically opposed to taxing professional fees or any other “non-tangible” services but warned that dire economic conditions may make such opposition moot.

ETFS FEB 18, 2009
ETF survey results and interview with Martha Papariello of The Vanguard Group

Find out what advisers think about leveraged ETFs and ETF providers, plus more, in this latest <i>InvestmentNews</i> ETF Survey. And get some insight into what the future holds for ETFs at The Vanguard Group.