Advisor News

Displaying 26700 results
OPINION MAR 08, 2009
Making most of excess capital losses

Since the market has devastated portfolios, many investors find themselves with substantial capital losses.

By Bloomberg
OPINION MAR 06, 2009
‘Reset’ Social Security and collect more

By Bloomberg
REGULATION AND LEGISLATION MAR 06, 2009
Finra creates Office of the Whistleblower

The Financial Industry Regulatory Authority Inc. has created the Office of the Whistleblower to expedite the review of “high-risk” tips.

By Bloomberg
FINTECH MAR 06, 2009
Advent unveils research management system

Advent Software Inc., a software and services provider to investment managers, has launched a new version of Tamale RMS, which centralizes data.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 06, 2009
U.S. Rep Frank wants federal charter for life insurers

House Financial Services Committee Chairman Barney Frank called yesterday for creating an optional federal charter for life insurance companies.

By Bloomberg
REGULATION AND LEGISLATION MAR 06, 2009
Mass. regulator moves on Madoff feeder fund

Massachusetts Secretary of State William Galvin’s securities division asked wants to revoke the license of a brokerage firm which served as a feeder fund for the investment firm of accused swindler Bernard Madoff.

By Bloomberg
REGULATION AND LEGISLATION MAR 05, 2009
SEC settles with 14 firms on trading charges

The Securities and Exchange Commission on Wednesday settled a charge that 14 trading firms cheated customers out of millions of dollars.

By Bloomberg
REGULATION AND LEGISLATION MAR 04, 2009
Audit: Regulators saw red flags at First National

Federal banking regulators knew as far back as 2002 about problems at First National Bank Holding Co.’s banks in Arizona, California and Nevada but failed to act until shortly before their demise last year, auditors said today.

By Bloomberg
REGULATION AND LEGISLATION MAR 04, 2009
Senate to grill UBS official

UBS AG official on Wednesday will face questions from a Senate panel for the first time since the bank acknowledged helping tens of thousands of American clients hide assets from the U.S. government.

By Bloomberg
REGULATION AND LEGISLATION MAR 03, 2009
Mutual fund industry calls for superregulator

The mutual fund industry today called for combining the Securities and Exchange Commission and the Commodity Futures Trading Commission into a one entity.

By Bloomberg
REGULATION AND LEGISLATION MAR 03, 2009
Fed rolls out consumer credit program

The Department of the Treasury and the Federal Reserve today launched a program designed to increase lending to consumers and small businesses.

By Bloomberg
REGULATION AND LEGISLATION MAR 03, 2009
Boston Fed President: Banks must dump toxic assets

Banks need to get rid of toxic assets, Boston Federal Reserve Bank President Eric Rosengren told a group of bankers yesterday in Washington.

By Bloomberg
REGULATION AND LEGISLATION MAR 03, 2009
$138M in ND investments frozen by fraud case

Federal authorities have frozen $138 million in North Dakota's state pension and workers compensation funds, records show.

By Bloomberg
REGULATION AND LEGISLATION MAR 03, 2009
SIPC raises assessment fees on brokerage firms

The Securities Investor Protection Corp. will raise member brokerage firm assessments to 0.25% of net operating revenue. The new rate, up from the current flat $150 per year, is effective April 1.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 02, 2009
Ohio names 20 insurers receiving accounting breaks

The Ohio Department of Insurance today released the names of the 20 companies that have raised their surplus levels through approved accounting breaks.

By Bloomberg
RETIREMENT PLANNING MAR 02, 2009
Conducting employee rollover seminars

The challenge: Because of the increase in corporate layoffs, retirement plan rollovers are becoming more important.

By Bloomberg
WIREHOUSES MAR 02, 2009
Judge clears two ex-Smith Barney brokers

Two ex-Smith Barney brokers have been cleared of allegations that they took private client information to their new firm.

By Bloomberg
RETIREMENT PLANNING MAR 01, 2009
Delay retirement withdrawal age: ICI chief

Congress should permanently push back the age at which retirement savings account holders must take withdrawals, the head of the Investment Company Institute testified last week.

By Bloomberg
FINTECH MAR 01, 2009
Software program aims to simplify retirement account tax management

Taking the grunt work and the guesswork out of retirement account tax management could be right around the corner, assuming that a new product from LifeYield LLC can live up to the hype building around it.

By Bloomberg
OPINION MAR 01, 2009
Nationalization should be last resort

President Obama and Treasury Secretary Timothy Geithner are resisting calls for the nationalization of Citigroup Inc. and perhaps other large banks.

By MFXFeeder