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PE firms lobbying hard to ensure carried interest carries on
REGULATION AND LEGISLATION FEB 17, 2012
PE firms lobbying hard to ensure carried interest carries on

Heavy lobbying effort to preserve 15% tax rate; 'constituency that Congress always cares about'

By John Goff
Targeting 'yield chasing,' Finra issues watch list
REGULATION AND LEGISLATION FEB 17, 2012
Targeting 'yield chasing,' Finra issues watch list

Regulator cracking down on risky or nontraded REITs, VAs and private placements; also zeroing in on B-Ds' fees

By Bloomberg
INDUSTRY NEWS FEB 17, 2012
INsider: What adviser Ben Bernanke is telling you to do

Fed head's message to investors is clear: Take on more risk

By Bloomberg
REGULATION AND LEGISLATION FEB 17, 2012
Stifel reps go after Wachovia for seeking restraining order

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.

By Dan Jamieson
REGULATION AND LEGISLATION FEB 17, 2012
Wachovia/Wells to appeal verdict in raiding case

The bad blood between St. Louis crosstown rivals Stifel Nicolaus & Co. Inc. and the former Wachovia Securities LLC continues.

By Dan Jamieson
New service aids ETF use in 401(k)s
RETIREMENT PLANNING FEB 16, 2012
New service aids ETF use in 401(k)s

Folio Institutional and unitZXchange partnership makes it easier to use mix of assets in plan accounts

By Dan Jamieson
Tardy TD enters VA race
LIFE INSURANCE AND ANNUITIES FEB 16, 2012
Tardy TD enters VA race

Brokerage rolling out low-cost variable annuities for RIAs; direct sales to consumers the endgame

By Bloomberg
INDUSTRY NEWS FEB 16, 2012
Thinly traded ETFs: A competitive advantage in wealth management

By Mark Bruno
REGULATION AND LEGISLATION FEB 16, 2012
GOP rep wants to kill the 'death tax'

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.

By Bloomberg
REGULATION AND LEGISLATION FEB 16, 2012
Merrill to pay $1 million over Finra arbitration regulations

By Bloomberg
China in a bullion shop, pushes gold to four-week high
INDUSTRY NEWS FEB 16, 2012
China in a bullion shop, pushes gold to four-week high

Big purchase of precious metal by the big country fuels spike in price; 'regaining its safe-haven qualities'

By John Goff
Others retreat, but this carrier is charging into the VA business
LIFE INSURANCE AND ANNUITIES FEB 16, 2012
Others retreat, but this carrier is charging into the VA business

Sammons to launch new product with large investment menu; hawking the tax benefits, not the living benefits

By Bloomberg
Buffett winning $1M bet with hedge fund
INDUSTRY NEWS FEB 15, 2012
Buffett winning $1M bet with hedge fund

So far, Oracle's punt on S&P 500 beating return of Protégé Partner's fund of funds; payout goes to charity

By John Goff
Buffett hits jackpot with 'all-in wager' on U.S economy
EQUITIES FEB 15, 2012
Buffett hits jackpot with 'all-in wager' on U.S economy

Oracle's acquisition of Burlington Northern a bet on recovery; thriving railroad paid $1B distribution to Berkshire last month

By John Goff
Christie to Buffett: 'Write a check and shut up'
RIAS FEB 15, 2012
Christie to Buffett: 'Write a check and shut up'

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.

By John Goff
INcite: Cap gains raise requires two big tweaks
RIAS FEB 15, 2012
INcite: Cap gains raise requires two big tweaks

Hike the rate, but allow investors to adjust for inflation; also, kill off the 'angel of death'

By Ray Madoff
RETIREMENT PLANNING FEB 15, 2012
Clients with Alzheimer's pose 'scary' legal risks

By Andrew Osterland
LIFE INSURANCE AND ANNUITIES FEB 15, 2012
Campaign has Betty White pitching 'hot' life settlements

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.”

By Bloomberg
Property taxes up a whopping 66% in this state since 2001
RETIREMENT PLANNING FEB 15, 2012
Property taxes up a whopping 66% in this state since 2001

Garden State of New Jersey no bed of roses for homeowners

By John Goff
Pimco's Gross says global economy, markets at risk in 2012
FIXED INCOME FEB 15, 2012
Pimco's Gross says global economy, markets at risk in 2012

Pimco's Gross: U.S. Treasuries look more appealing; Total Return now at 30% U.S. gov't debt

By Doug Cubberley