Heavy lobbying effort to preserve 15% tax rate; 'constituency that Congress always cares about'
Regulator cracking down on risky or nontraded REITs, VAs and private placements; also zeroing in on B-Ds' fees
Fed head's message to investors is clear: Take on more risk
Four brokers who won a $1.1 million arbitration award against Wachovia Securities LLC last month are asking a federal court to punish the firm for what they say are misrepresentations it made in getting a temporary restraining order against them.
The bad blood between St. Louis crosstown rivals Stifel Nicolaus & Co. Inc. and the former Wachovia Securities LLC continues.
Folio Institutional and unitZXchange partnership makes it easier to use mix of assets in plan accounts
Brokerage rolling out low-cost variable annuities for RIAs; direct sales to consumers the endgame
Rep. Tim Huelskamp from Kansas has proposed a bill that would permanently repeal the estate tax; Finra warns advisers about risky investments, while the SEC urges responsibility when using social media.
Big purchase of precious metal by the big country fuels spike in price; 'regaining its safe-haven qualities'
Sammons to launch new product with large investment menu; hawking the tax benefits, not the living benefits
So far, Oracle's punt on S&P 500 beating return of Protégé Partner's fund of funds; payout goes to charity
Oracle's acquisition of Burlington Northern a bet on recovery; thriving railroad paid $1B distribution to Berkshire last month
New Jersey governor Chris Christie does not generally pull his punches. So it came as no surprise this week when Christie slammed Warren Buffett's assertion that the rich don't pay enough to the U.S. Treasury. Christie's advice to the Oracle? See above.
Hike the rate, but allow investors to adjust for inflation; also, kill off the 'angel of death'
Actress Betty White is the celebrity pitchwoman for life settlements provider The Lifeline Program and also stars in the firm's viral YouTube video, “I'm Still Hot.”
