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INDUSTRY NEWS APR 20, 2012
LPL gunning for hotshot reps

On the back of a strong recruiting year, B-D aims to recruit star brokers; payout per rep still trails rivals

By Bloomberg
RIAS APR 20, 2012
Schwab closes on optionsXpress

Deal valued at $1B; trading platform highly valued

By Dan Jamieson
INDUSTRY NEWS APR 20, 2012
TARP bill likely to be fraction of initial forecast

Solid returns on investments means taxpayers will be stuck for $70B -- not $700B; 'most useful federal program that has ever been despised by public'

By Bloomberg
LPL on a recruiting roll — but at a price
BROKER DEALERS APR 19, 2012
LPL on a recruiting roll — but at a price

Hiring expenses rose as indie B-D attracted 408 net new advisers in past year; 'elevating our expectation'

By Bruce Kelly
Historic Chapter 11 case could trigger wave of public-pension bankruptcies
RETIREMENT PLANNING APR 19, 2012
Historic Chapter 11 case could trigger wave of public-pension bankruptcies

Workers in Northern Mariana look to halt fund's filing for court protection; benefits could be slashed by more than half

By Darla Mercado
Behind the management shake-up at LPL
BROKER DEALERS APR 19, 2012
Behind the management shake-up at LPL

Mark Casady reveals reasons for recent changes at indie B-D

By Bruce Kelly
INDUSTRY NEWS APR 19, 2012
Why the markets have turned bearish on gold

By Adrian Day
MUTUAL FUNDS APR 19, 2012
Commodities funds under fire

By JKEPHART
Time to shift to stocks from bonds: Loomis Sayles' Fuss
EQUITIES APR 19, 2012
Time to shift to stocks from bonds: Loomis Sayles' Fuss

Legendary bond investor Dan Fuss says investors should swap market risk for company risk

By JKEPHART
Cheap natural gas has these stocks burning it up
INDUSTRY NEWS APR 19, 2012
Cheap natural gas has these stocks burning it up

Falling prices a boon to companies that convert engines to run off the cheaper fuel, says portfolio manager

By Jeff Benjamin
Citi willing to unload rest of Smith Barney stake: Analyst
WIREHOUSES APR 19, 2012
Citi willing to unload rest of Smith Barney stake: Analyst

Bank interested in selling remaining 35% share of brokerage to MSSB -- if the price is right

By John Goff
Hidden billionaires in plain sight emerge as stock markets rise
RIAS APR 19, 2012
Hidden billionaires in plain sight emerge as stock markets rise

An analysis of stakes held in publicly traded U.S. and Latin American companies uncovered eight billionaires who haven't appeared in any major international wealth rankings. Most of their 10-figure fortunes are derived from public holdings and dividend income.

By Doug Cubberley
OPINION APR 19, 2012
Tuning up implementation of modern portfolio theory

The problem isn't with MPT but with the way it has been implemented

By Scott A. MacKillop
'Soccer mom madam' case hooks MSSB broker
INDUSTRY NEWS APR 19, 2012
'Soccer mom madam' case hooks MSSB broker

Feds say David Walker was with Anna Gristina when accused prostitution ring leader was arresed; placed on leave

By John Goff
Oil price won't grease the skids for higher interest rates
INDUSTRY NEWS APR 19, 2012
Oil price won't grease the skids for higher interest rates

Fed unlikely to raise target rate due to cost of crude; wage and rent hikes might trigger action, though

By Andrew Osterland
Commodity inflows set for a healthy gain in 2012
INDUSTRY NEWS APR 19, 2012
Commodity inflows set for a healthy gain in 2012

Investors are expected to favor oil, gold and copper in what should be a strong recovery over 2011 for commodities

By Doug Cubberley
Natural resources a natural selection for investors
INDUSTRY NEWS APR 19, 2012
Natural resources a natural selection for investors

Evolving world has fewer raw materials, but more demand; time to pounce, fund manager says

By Jeff Benjamin
REGULATION AND LEGISLATION APR 18, 2012
Hall of Fame coach faked out players in $80 million Ponzi scheme: SEC

Donnan and partner convinced coaches, ex-players to invest in merchandise scheme, commission claims; worked as college football analyst for ESPN

By Liz Skinner
Wells Fargo's buy of Merlin spells entry into prime brokerage biz
WIREHOUSES APR 18, 2012
Wells Fargo's buy of Merlin spells entry into prime brokerage biz

Purchase will boost bank's clearing and record-keeping capabilities

By John Goff
INDUSTRY NEWS APR 18, 2012
The refuseniks

The day after the filing deadline, we take a look at 11 of the more ridiculous legal arguments cited by tax protesters for not rendering unto Uncle Sam.

By John Goff