Bloomberg

Bloomberg
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YOUR PRACTICE PRACTICE MANAGEMENT FEB 04, 2009
New Jersey bars three brokers

Three former brokers, who were first with UBS Financial Services Inc. and then with Merrill Lynch & Co. Inc., have been barred from working in New Jersey.

NEWS INDUSTRY NEWS FEB 04, 2009
650K jobs cut in January

Employers eliminated 650,000 jobs last month, bringing the total number of job cuts in the United States since September 2008 to 2.3 million.

INVESTING ALTERNATIVES FEB 03, 2009
With bargains aplenty, home sales shoot up

Homebuyers took advantage of low mortgage rates and falling home prices in December as pending sales of existing homes shot up more than 6% from the previous month.

RETIREMENT TAX FEB 03, 2009
First-time homebuyer tax credit

Your clients, a married couple, realize that this is a home-buyer’s market and are interested in purchasing a home. The couple has come to you about tax savings opportunities related to a purchase. They are newlyweds and both previously lived in an apartment.

INVESTING ETFS FEB 03, 2009
Curian SMA platform adds exposure to alternatives

Curian Capital LLC has introduced limited exposure to alternative-class investments on its separately managed accounts platform.

NEWS REGULATION AND LEGISLATION FEB 03, 2009
Lawmakers mull pay curbs for all execs

Congress will consider legislation to extend some of the curbs on executive pay that currently apply only to those banks receiving federal assistance, House Financial Services Committee Chairman Barney Frank said.

NEWS INDUSTRY NEWS FEB 03, 2009
Group launches index of actively managed funds

The National Association of Active Investment Managers Inc. has launched an index of actively managed mutual funds that performed well during last year’s market downturn.

NEWS INDUSTRY NEWS FEB 02, 2009
Piper Jaffray books $153.3 million loss

Piper Jaffray & Co. today reported a $153.3 net loss, or a loss of $9.78 diluted earnings per share, for the fourth quarter.

INVESTING FIXED INCOME FEB 02, 2009
Municipal bonds issuance up from a year ago

Municipalities stepped up their issuance of bonds by 5.3% in January, from a year ago, according to The Bond Buyer.

YOUR PRACTICE PRACTICE MANAGEMENT FEB 02, 2009
January Week 4: Promoting your practice with rollover seminars

In this final week of a four-week program to get your business off to a solid start by focusing on retirement rollovers, let’s discuss effective retirement rollover seminars and how to do them on a limited budget.