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Buffett has 'great confidence' in $5B Goldman bet: Berkshire director
REGULATION AND LEGISLATION MAY 03, 2010
Buffett has 'great confidence' in $5B Goldman bet: Berkshire director

A Berkshire director says Warren Buffett is 'not concerned' about his massive investment in the Wall Street giant, despite the stock's recent losses | <a href= http://www.investmentnews.com/apps/pbcs.dll/section?category=advisercommunity&amp;plckForumPage=ForumDiscussion&amp;plckDiscussionId=Cat%3a3eccdd60-6dc9-4da5-99ea-8c411eeadc3fForum%3a673a3c8f-4a68-4cb5-8010-611c600b9f0cDiscussion%3a39465fdd-cf5d-4131-b99f-c8abb27559e2>Adviser chatter: Time to buy or sell GS stock?</a>

By John Goff
RETIREMENT PLANNING MAY 03, 2010
Buffett takes a bath: How much did the Berkshire billionaire lose today on Goldman?

The value of Warren Buffett's options to buy Goldman Sachs Group Inc. shares dropped by $950 million after regulators sued the bank for misleading clients on the sale of securities tied to the subprime mortgage market.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAY 03, 2010
Insurers to be responsible for fixed-annuity suitability

Fixed-annuity sales are about to receive a new layer of supervision from state regulators.

By Darla Mercado
LIFE INSURANCE AND ANNUITIES MAY 03, 2010
Insurance regulators bolster annuity suitability rules

Previously, the suitability rule imposed an obligation on insurers only with respect to variable annuities. Now it includes variable annuities as well.

By Darla Mercado
INDUSTRY NEWS MAY 03, 2010
Investors getting harder to wow

After the rally of 2009, uncovering undervalued stocks got a lot harder. And lately, even upbeat economic news has failed to boost the market. No wonder investors are having a dickens of a time finding reasons to buy.

By Associated Press
EQUITIES MAY 02, 2010
TIAA-CREF: Why investments in farmland are now 'like gold'

TIAA-CREF aims to add to its $2 billion holdings of farmland to help diversify its portfolio and hedge against inflation, said the pension-fund manager's director for private-equity investments in agriculture.

By Mark Bruno
PRACTICE MANAGEMENT MAY 02, 2010
AIG's broker-dealer network loses another star rep

Latest to leave embattled firm since the federal government's bailout of American International Group Inc., the broker-dealer network's parent company

By Bruce Kelly
RETIREMENT PLANNING MAY 02, 2010
Charting their future

<i>InvestmentNews</i> last month invited a group of people to our office in New York for a frank discussion about retirement.

By mlanche
BROKER DEALERS APR 30, 2010
The 10 broker-dealers with the highest rep-to-employee ratios

An often overlooked, but valued industry measurement.

By Mark Bruno
INDUSTRY NEWS APR 30, 2010
7,500 protestors take on Wall Street

Thousands of people in New York voiced their distaste for the financial services industry, with Goldman Sachs execs serving as the latest target for their outrage.

By Mark Bruno
BROKER DEALERS APR 30, 2010
Special report: B-Ds hit where it hurts

The indie B-D industry took a giant step backward last year, with the largest 25 firms collectively reporting a 10.3% drop in gross revenue. <a href= http://www.investmentnews.com/apps/pbcs.dll/section?category=specialreporttemplate&amp;issuedate=20100423&amp;sid=BD0426> View the exclusive IN special report</a>

By Mark Bruno
INDUSTRY NEWS APR 30, 2010
Stocks mixed after lower-than-expected GDP rise

Stocks are trading in a narrow range after the government said the economy grew at a slightly slower pace than expected in the first quarter.

By Associated Press
LIFE INSURANCE AND ANNUITIES APR 30, 2010
Want a simple prospectus for variable annuities? No can do, says SEC official

While investors and advisers have crowed about the density of variable annuity prospectuses, officials at the Securities and Exchange Commission say that the products are generally too complex to describe in abbreviated set of disclosures.

By Bloomberg
REGULATION AND LEGISLATION APR 30, 2010
Like Toyota, damage control could backfire on Goldman

Let the whole story out, come clean with what happened, and you might come out of this with your reputation and franchise intact.

By Danny Sarch
INDUSTRY NEWS APR 30, 2010
Finra, SEC and state regulators swarm Morgan Keegan with fraud charges

A swarm of state and federal regulators made a bee line for Morgan Keegan on Wednesday. The reason? Alleged wrong-doing in the sales and marketing of mortgage-backed bond funds

By Dan Jamieson
REGULATION AND LEGISLATION APR 30, 2010
Adviser (and Bernie Madoff's neighbor) charged with $25M fraud

Donald Anthony Young, an investment adviser who headed Acorn Capital Management LLC, was charged with running a $25 million Ponzi scheme, prosecutors said.

By Bloomberg
REGULATION AND LEGISLATION APR 29, 2010
Banned broker continued advising clients: Regulator

Permanently barred by Finra in 2008, adviser signed up clients anyway, Ohio claims; citizens group wants him out as town treasurer

By Jessica Toonkel
BROKER DEALERS APR 29, 2010
The 10 broker-dealers with the highest average AUM per rep

Check out the latest top ten list based on IN's new independent broker-dealer rankings

By Mark Bruno
Latest mutual fund frenzy? Interest-rate hedges
INDUSTRY NEWS APR 29, 2010
Latest mutual fund frenzy? Interest-rate hedges

Retail investors are flocking to new funds from BlackRock, Goldman Sachs and others that offer some protection against rising rates.

By Bloomberg
INDUSTRY NEWS APR 29, 2010
Firm missed chance to stop broker's $141M loss

MF Global Holdings Ltd. missed a shot in January 2008 to stop the broker whose unauthorized trades a month later cost the firm $141 million and helped start a slide that wiped out $3 billion in shareholder equity.

By Bloomberg