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REGULATION AND LEGISLATION JAN 22, 2012
INsider: Advisers ignore Washington at their peril

Politics, or more specifically, lobbying, matters; 'they're going to be listening'

By Bloomberg
INDUSTRY NEWS JAN 22, 2012
Third-quarter weak for wealth division at Wells Fargo

By Bloomberg
RIAS JAN 22, 2012
Massachusetts lays out social media do's, don'ts

By Liz Skinner
Rally ho? Biggs big on U.S. stocks
INDUSTRY NEWS JAN 20, 2012
Rally ho? Biggs big on U.S. stocks

Famed investor sees potential for substantial run-up in equities; 'terrified I'm not long enough'

By John Goff
Citi settles with Finra over alleged conflicts at its brokerage
REGULATION AND LEGISLATION JAN 20, 2012
Citi settles with Finra over alleged conflicts at its brokerage

Company failed to dislose business relations with companies covered in research notes, regulator says

By John Goff
Supreme Court smacks down B-D's suit against Finra
REGULATION AND LEGISLATION JAN 20, 2012
Supreme Court smacks down B-D's suit against Finra

Plaintiff argued that proxy soliciting member approval for NYSE combo was fraudulent

By Dan Jamieson
RETIREMENT PLANNING JAN 20, 2012
Buzz: Sandy Weill sells his NYC apartment for jaw-dropping sum

Central Park West penthouse listed at nearly $90M; Russian billionaire seen as buyer

By John Goff
INsider: At current rates, money fund investors will double their money — in 2,000 years
RETIREMENT PLANNING JAN 20, 2012
INsider: At current rates, money fund investors will double their money — in 2,000 years

The question: Are such puny yields worth it when money isn't FDIC-insured?

By Bloomberg
Nouriel Roubini issues 'perfect storm' warning for stocks
INDUSTRY NEWS JAN 20, 2012
Nouriel Roubini issues 'perfect storm' warning for stocks

Nouriel Roubini has once again issued a chilling forecast, saying a 'perfect storm' coming together in the next two years could zap the global economy -- and with it, global stock markets. Has he got it right?

By John Goff
Safety first, as advisers piled into fixed-income ETFs in '11
RIAS JAN 19, 2012
Safety first, as advisers piled into fixed-income ETFs in '11

Slowly but surely, advisers are becoming more comfortable with exchange-traded funds. Not surprisingly, Charles Schwab says fixed-income ETFs were the clear favorites of RIAs in 2011.

By Jason Kephart
INDUSTRY NEWS JAN 19, 2012
Buffett no match for S&P 500 in 2011

Warren E. Buffett, the billionaire investor known for his record of beating the market when stocks languish, oversaw a decline in his company's value last year as the S&P 500 ended unchanged.

By Mark Bruno
IRS audits of millionaires at all-time high of 12.5%
RIAS JAN 19, 2012
IRS audits of millionaires at all-time high of 12.5%

The U.S. Internal Revenue Service said it audited 12.48% of individual tax returns with income exceeding $1 million during 2011, an all-time high.

By Doug Cubberley
REGULATION AND LEGISLATION JAN 19, 2012
Ex-UBS client indicted for hiding accounts from IRS

A former UBS AG client was indicted by a federal grand jury on a charge that he defrauded the U.S. by hiding assets from the U.S. Internal Revenue Service.

By Doug Cubberley
REGULATION AND LEGISLATION JAN 19, 2012
Frank's final act - stop GOP efforts to raze huge finance bill

By Mark Schoeff Jr.
Frank elects to retire from Congress in 2013
REGULATION AND LEGISLATION JAN 19, 2012
Frank elects to retire from Congress in 2013

Rep. Barney Frank, the leading proponent of universal fiduciary duty for retail investment advice, announced today that he will retire from Congress in 2013.

By Mark Schoeff Jr.
INDUSTRY NEWS JAN 19, 2012
CapWest is shutting doors

CapWest Securities Inc. last week filed its broker-dealer withdrawal papers with the Financial Industry Regulatory Authority Inc.

By Bruce Kelly
Students' council: Go to college now, pay for it later
RETIREMENT PLANNING JAN 18, 2012
Students' council: Go to college now, pay for it later

University of California undergrads propose 20-year tuition plan; five percent solution?

By Bloomberg
California Dems eye college fees that are up 145% since 2004
RETIREMENT PLANNING JAN 18, 2012
California Dems eye college fees that are up 145% since 2004

Look to end tax loophole for businesses, use proceeds to provide more financial aid to students

By John Goff
Student loans the 'next debt bomb' for U.S., attorneys warn
RETIREMENT PLANNING JAN 18, 2012
Student loans the 'next debt bomb' for U.S., attorneys warn

Courts reluctant to discharge loans, often forcing graduates to pay off enormous sums; parents increasingly on the hook, too

By Bloomberg
Ivy League school rolls out largest tuition hike in six years
RETIREMENT PLANNING JAN 18, 2012
Ivy League school rolls out largest tuition hike in six years

CPI up 3 percent, but Princeton raises prices by nearly 5 percent

By John Goff