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Parental alert: Your debt-laden child is eyeing your basement
INDUSTRY NEWS MAY 17, 2012
Parental alert: Your debt-laden child is eyeing your basement

Large chunk of students borrowing money for college plan to move back in with mom and dad, survey reveals

By Liz Skinner
INDUSTRY NEWS MAY 17, 2012
Alternate universe

Fund companies are increasingly cranking out mutual funds that invest in alternatives. But the most popular product may offer scant protection against down markets

By John Goff
Schwab to close brokersXpress
INDUSTRY NEWS MAY 17, 2012
Schwab to close brokersXpress

Charles Schwab is shutting down brokersXpress. The parent company broke the news to the B-D's 300 reps late Wednesday afternoon. Now, the brokers have 90 days to relocate.

By Bruce Kelly
Search for retirement income leads to unlikely sources
RETIREMENT PLANNING MAY 17, 2012
Search for retirement income leads to unlikely sources

Reverse mortgages and managed futures emerging as options for affluent clients; munis in the mix as well

By Darla Mercado
MUTUAL FUNDS MAY 17, 2012
Gloomy Gundlach sees dark at the end of tunnel

By AOSTERLAND
Natural gas the next gold, says Gundlach
INDUSTRY NEWS MAY 17, 2012
Natural gas the next gold, says Gundlach

Bond guru expects prices to go on prolonged rally

By John Goff
OptionsXpress accused of skirting naked-short-sale rules
REGULATION AND LEGISLATION MAY 17, 2012
OptionsXpress accused of skirting naked-short-sale rules

OptionsXpress Holdings Inc. conducted a series of sham “reset” transactions designed to give the illusion that the firm had purchased securities to comply with obligations associated with short sales, the SEC said in a statement today.

By Doug Cubberley
BROKER DEALERS MAY 17, 2012
Finra may give up lock on BrokerCheck

In a move that could have a serious impact on the advice business, Finra is considering giving private vendors access to the regulator's data on licensing and disciplinary actions.

By Dan Jamieson
REGULATION AND LEGISLATION MAY 17, 2012
SEC reviews internal watchdog's video interview

By Bloomberg
IG who's hounded SEC in doghouse over adviser's YouTube video
FINTECH MAY 17, 2012
IG who's hounded SEC in doghouse over adviser's YouTube video

By John Goff
REGULATION AND LEGISLATION MAY 17, 2012
SEC staff rebels against watchdog's supposed 'reign of terror'

Inspector General Kotz's zealous approach has apparently won him few friends inside the commission

By John Goff
Grassley wants answers to claims SEC destroyed Goldman, Madoff files
REGULATION AND LEGISLATION MAY 17, 2012
Grassley wants answers to claims SEC destroyed Goldman, Madoff files

Charges leveled by long-time employee at the Commission

By John Goff
Revolving-door study of SEC cites ethics-advice record
PRACTICE MANAGEMENT MAY 17, 2012
Revolving-door study of SEC cites ethics-advice record

By Doug Cubberley
REGULATION AND LEGISLATION MAY 16, 2012
ICI appoints longtime congressional aide to head political affairs

Shevlin brought on board to help thwart money-market reform; has worked for three Dems in the House

By Mark Schoeff Jr.
Don't suffer an IRA tax faceplant
RETIREMENT PLANNING MAY 16, 2012
Don't suffer an IRA tax faceplant

Mistakes with retirement account taxes are common with IRS rules so complex

By LKUYKENDALL
Four-percent rule a relic, advisers say
RETIREMENT PLANNING MAY 16, 2012
Four-percent rule a relic, advisers say

More flexibility with withdrawal rate needed; emerging-markets investments change assumptions

By LKUYKENDALL
RIAS MAY 16, 2012
Top RIAs form anti-roll-up advocacy group

By Bruce Kelly
RIAS MAY 16, 2012
Savant hooks up with The Monitor Group in rare RIA merger

By Bruce Kelly
INDUSTRY NEWS MAY 16, 2012
Real gold versus a promise of gold

By Paul de Sousa
INDUSTRY NEWS MAY 16, 2012
How to invest like Warren Buffett

Oracle's approach to stock picking actually pretty straightforward; Ben Graham man

By John Goff