Advisor News

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REGULATION AND LEGISLATION JUL 08, 2012
New Finra suitability rule worries B-Ds

By DJAMIESON
A changing of the guard at InvestmentNews
OPINION JUL 08, 2012
A changing of the guard at InvestmentNews

When I became editor of <i>InvestmentNews</i> nine years ago, we had seven reporters and a handful of editors who produced a weekly print newspaper.

By Jim Pavia
'Hold' orders not suited for Finra's new suitability rules, advisers say
REGULATION AND LEGISLATION JUL 06, 2012
'Hold' orders not suited for Finra's new suitability rules, advisers say

Firms track 'buy' and 'sell' transactions; with hold recommendations, there's no there there

By Darla Mercado
Site offering inside view of 401(k)s could be boon to advisers
RETIREMENT PLANNING JUL 05, 2012
Site offering inside view of 401(k)s could be boon to advisers

Guardian web site explains what plan advisers do, and what they get paid for doing it

By Mary Beth Franklin
REGULATION AND LEGISLATION JUL 05, 2012
Finra's CEO discusses changes made to its key regulatory programs

By MFXFeeder
Decision not to liquidate LTC insurer could leave policyholders up the creek
RETIREMENT PLANNING JUL 05, 2012
Decision not to liquidate LTC insurer could leave policyholders up the creek

Judge's ruling keeps Penn Treaty in business, but large rate increases could follow

By Darla Mercado
JPMorgan hedges were really prop trades: Meredith Whitney
REGULATION AND LEGISLATION JUL 03, 2012
JPMorgan hedges were really prop trades: Meredith Whitney

Jamie Dimon claims the $2B trading loss at JPMorgan came from a credit hedge that morphed 'into something I can't justify,' but Meredith Whitney insists it was a simple proprietary bet all along.

By Doug Cubberley
MSSB's margins still somewhat marginal
WIREHOUSES JUL 03, 2012
MSSB's margins still somewhat marginal

Brokerage generated 11% profit margin in Q1, still well below its stated goal; more work ahead

By John Goff
Armed with fee info, plan sponsors bailing on service providers
RETIREMENT PLANNING JUL 02, 2012
Armed with fee info, plan sponsors bailing on service providers

New data triggering a rethink about vendors; clients open to switching

By Darla Mercado
Advisers will be key in breaking down 401(k) costs for companies: Schwab exec
RETIREMENT PLANNING JUL 02, 2012
Advisers will be key in breaking down 401(k) costs for companies: Schwab exec

Advisers will be instrumental in breaking down 401(k) costs for plan sponsors; investment fees to be an &#8220;eye-opener&#8221;

By Darla Mercado
RETIREMENT PLANNING JUN 29, 2012
Axa offers deals to let clients drop VA death benefits

By Darla Mercado
RETIREMENT PLANNING JUN 29, 2012
'Classic' retirement becoming less likely

The Great Recession has put a great big dent in many retirement plans. Downsizing may be key, but a whole lot of boomers will have little choice but to stay on the job after the age of 65.

By MFXFeeder
REGULATION AND LEGISLATION JUN 29, 2012
Opinion: Hercules not needed to overcome Libor's grip on market

Repo loans would provide a more accurate reading of the cost of borrowing money

By John Goff
Wells Fargo sued by borrowers over reverse mortgage policies
RETIREMENT PLANNING JUN 29, 2012
Wells Fargo sued by borrowers over reverse mortgage policies

Wells Fargo &amp; Co. is ignoring federal rules on reverse mortgages and forcing homes into foreclosure instead of giving heirs a chance to buy them, according to a lawsuit.

By Doug Cubberley
Advisers must act after Obamacare gets clean bill of health from Supreme Court
RETIREMENT PLANNING JUN 28, 2012
Advisers must act after Obamacare gets clean bill of health from Supreme Court

In the climax to an epic legal battle, the Supreme Court ruled that President Obama's massive health-care overhaul does not violate the Constitution. So what does this mean for advisers? Plenty.

By Mark Schoeff Jr.
Supreme Court ruling an ill wind for these health care stocks
RETIREMENT PLANNING JUN 28, 2012
Supreme Court ruling an ill wind for these health care stocks

Hospitals, big pharma likely winners, but HMOs, equipment makers could take a hit

By Jeff Benjamin
RIA NEWS JUN 28, 2012
Delays mar switch to state registration

By DJAMIESON
Merrill fined for allegedly overcharging customers by $32M
WIREHOUSES JUN 28, 2012
Merrill fined for allegedly overcharging customers by $32M

Brokerage agrees to pay nearly $3M fine to settle Finra enforcement action; 'improper coding' blamed

By Liz Skinner
Health care space has horse in race with possible Obamacare repeal
EQUITIES JUN 28, 2012
Health care space has horse in race with possible Obamacare repeal

Romney win would be boon for insurers, bust for hospital-related stocks

By Jeff Benjamin
GAO calls on SEC to beef up Finra oversight
REGULATION AND LEGISLATION JUN 28, 2012
GAO calls on SEC to beef up Finra oversight

The Government Accountability Office is calling on the SEC to step up its oversight of Finra, including reviewing the compensation of its executives. The GAO, the investigative arm of Congress, also said that Finra should conduct &#8220;retrospective reviews&#8221; of its rules to determine whether they are effective.

By Mark Schoeff Jr.