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Ex-con builds cult following blogging about investments
INDUSTRY NEWS SEP 01, 2011
Ex-con builds cult following blogging about investments

Armstrong spent 11 years in jail for covering up losses at his firm; stash of gold all gone?

By John Goff
No room at the inn as storage shortage strikes gold trade
INDUSTRY NEWS SEP 01, 2011
No room at the inn as storage shortage strikes gold trade

Bullion vaults hit ceiling amid fevered demand; take it out of the ground, put it back in the ground

By John Goff
RIAS SEP 01, 2011
MDE platform that tamps down volatility now available to RIAs

Risk 3.0 Asset Management holds out the promise of predictable returns with limited volatility

By Jeff Benjamin
Finra wants faster valuations of nontraded REITs
ALTERNATIVES SEP 01, 2011
Finra wants faster valuations of nontraded REITs

Regulator prepares proposal after May complaint against David Lerner Associates; time it takes to get market valuations not up to par

By Bruce Kelly
Gold at $2,200 by Xmas? Hedge fund hotshot says yes
INDUSTRY NEWS SEP 01, 2011
Gold at $2,200 by Xmas? Hedge fund hotshot says yes

Platinum and Brent crude will also see big gains, says Tony Hall; he's up 33% this year

By John Goff
Marc Faber to investors: 'Buy every month a little bit of gold'
INDUSTRY NEWS SEP 01, 2011
Marc Faber to investors: 'Buy every month a little bit of gold'

Precious metal at $1,900 and rising, but famed asset manager sees no sign of a bubble

By John Goff
Stock mutual funds having lousiest year since 1998
INDUSTRY NEWS SEP 01, 2011
Stock mutual funds having lousiest year since 1998

Only 13% of funds have beaten benchmarks so far; underperformance could lead to bigger risk-taking

By John Goff
Get shorting: Bets against S&P 500 hit nine-month high
INDUSTRY NEWS SEP 01, 2011
Get shorting: Bets against S&P 500 hit nine-month high

With investors still worried about the U.S. deficit and a possible recession, bets against large cap sticks hit a nine-month high.

By John Goff
INDUSTRY NEWS SEP 01, 2011
Volatility proves fertile for tactical strategists

By Dan Jamieson
BROKER DEALERS SEP 01, 2011
Workman Securities to shutter, 100 reps told to make a move

Another troubled broker-dealer is closing, but with a twist: The firm is telling its advisers to move en masse to another firm.

By Bruce Kelly
Commonwealth, LPL could see fallout from Reg D deal they sold
ALTERNATIVES SEP 01, 2011
Commonwealth, LPL could see fallout from Reg D deal they sold

After avoiding the pitfalls of disastrous Regulation D deals during the past decade, Commonwealth Financial Network and LPL Financial LLC are contending with potential fallout from a real estate private placement that faces pressure from its creditors.

By Bruce Kelly
WFP Securities bites the dust
INDUSTRY NEWS SEP 01, 2011
WFP Securities bites the dust

WFP Secruties is the latest broker-dealer to fold under the weight of private-placement litigation. In this case, the San Diego-based firm is facing $14M in legal claims.

By Bruce Kelly
Plans to tax munis won't fly, says BNY Mellon
RIAS SEP 01, 2011
Plans to tax munis won't fly, says BNY Mellon

Despite need to raise federal tax revenues, bank believes lawmakers will spare municipal debt

By John Goff
Wells Fargo, BNY Mellon sue Securities America, other B-Ds over MedCap
REGULATION AND LEGISLATION SEP 01, 2011
Wells Fargo, BNY Mellon sue Securities America, other B-Ds over MedCap

Wells Fargo and BNY Mellon — trustees for Medical Capital Holdings — claim that brokers should not have sold the MedCap private placement to clients. Meanwhile, the banks themselves face litigation stemming from the Reg D offering.

By Bruce Kelly
Wealthy buying McMansions on Uncle Sam's dime
RETIREMENT PLANNING AUG 31, 2011
Wealthy buying McMansions on Uncle Sam's dime

Taking advantage of loan guarantee program intended to help low-income families buy homes; debate now in Congress

By John Goff
Lerner resorted to tricks to plump up Apple distributions: Suit
ALTERNATIVES AUG 31, 2011
Lerner resorted to tricks to plump up Apple distributions: Suit

In the latest twist in the ongoing saga of Apple REITs sold by David Lerner Associates, plaintiffs claim the B-D used a line of credit and other sources to boost dividend payments beyond what was prudent. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20110826&amp;Category=FREE&amp;ArtNo=826009999&amp;Ref=PH>Home prices still plunging in these states</a>

By Bruce Kelly
Time for clients to refi? Mortgage rates hit lowest on record
RETIREMENT PLANNING AUG 31, 2011
Time for clients to refi? Mortgage rates hit lowest on record

Rate on average 30-year fixed loan falls to 4.12%; 'homebuyers are not responding'

By John Goff
Under-45 crowd way underinsured, survey finds
LIFE INSURANCE AND ANNUITIES AUG 31, 2011
Under-45 crowd way underinsured, survey finds

Competing priorities and procrastination put life insurance on the back burner; substantial selling opp for advisers

By Darla Mercado
Debt reduction over growth 'almost suicidal': Pimco's Gross
REGULATION AND LEGISLATION AUG 31, 2011
Debt reduction over growth 'almost suicidal': Pimco's Gross

Bond king says governments should look to prime economic pump first, then lower borrowing

By John Goff
INDUSTRY NEWS AUG 31, 2011
Battle for the middle

While the latest <a href=http://www.investmentnews.com/apps/pbcs.dll/section?category=datajoe&amp;djoPage=summary&amp;djoProjStr=24034|24039&amp;issuedate=20110831&amp;sid=RIA>RIA ranking</a> from <i>InvestmentNews</i> shows little change in the top ten, several new firms cracked the list for the first time -- while some notable names fell down the table. | <a href=http://www.investmentnews.com/apps/pbcs.dll/section?category=datajoe&amp;djoPage=summary&amp;djoProjStr=24036|24039&amp;issuedate=20110831&amp;sid=RIA>The up-and-comers</a> | <a href=http://www.investmentnews.com/apps/pbcs.dll/section?category=datajoe&amp;djoPage=summary&amp;djoProjStr=24029|24039&amp;issuedate=20110831&amp;sid=RIA>Fastest growing firms</a>

By John Goff