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INDUSTRY NEWS MAR 19, 2012
'Real Time''s Bill Maher reveals real amazing investment

Comic says he purchased minority stake in New York Mets; laughing stock?

By John Goff
RIAS MAR 19, 2012
Affiliated Managers Group takes maiden wealth management stake with Veritable deal

The deal is the first wealth management acquisition for AMG, which owns stakes in 27 boutique money managers that have a total of $338 billion under management.

By Dan Jamieson
VA clients holding on to their VAs instead of surrendering them
RETIREMENT PLANNING MAR 19, 2012
VA clients holding on to their VAs instead of surrendering them

VA clients are less likely to surrender their variable annuities, as living benefits retain high value

By Darla Mercado
REGULATION AND LEGISLATION MAR 19, 2012
Nailed: Ex-Met and financial adviser Dykstra gets jail time

Sentenced to three years in prison for grand theft auto

By John Goff
RIAS MAR 19, 2012
Merrill Lynch losing top advisers

By Bloomberg
REGULATION AND LEGISLATION MAR 19, 2012
Securities fraud: Don't worry — Gordon Gekko will protect you

The FBI has a new posterboy for the fight against financial crime: Gordon Gecko.

By Mark Bruno
Missed the BofA rally? There's still time, says investment exec
INDUSTRY NEWS MAR 19, 2012
Missed the BofA rally? There's still time, says investment exec

Brown says bank's stock still undervalued when compared to earnings potential

By John Goff
Another snafu in DOL's plan to update fiduciary standard
RETIREMENT PLANNING MAR 19, 2012
Another snafu in DOL's plan to update fiduciary standard

Letter sent to industry groups gave some one day to provide requested information; short notice

By Bloomberg
Industry pushes back even before SEC makes money fund reform proposal
MUTUAL FUNDS MAR 19, 2012
Industry pushes back even before SEC makes money fund reform proposal

Sparks are already flying from the SEC's release of proposed reforms to money market funds, which are expected sometime within the next few weeks.

By Bloomberg
Big business to SEC: Lay off money funds
MUTUAL FUNDS MAR 19, 2012
Big business to SEC: Lay off money funds

Business group, along with a score of big companies, tell commission to keep $1 NAV, ditch buffer idea By Mark Schoeff Jr.

By John Goff
MUTUAL FUNDS MAR 19, 2012
SEC considers reforms to shore up money funds

By MFXFeeder
Backstop proposal for money funds on SEC front burner, says Schapiro
MUTUAL FUNDS MAR 19, 2012
Backstop proposal for money funds on SEC front burner, says Schapiro

Commission still working on plan that would provide capital buffer for money market funds; torn on floating NAVs

By Mark Schoeff Jr.
Finra taking an interest in wholesalers' role in product sales
REGULATION AND LEGISLATION MAR 18, 2012
Finra taking an interest in wholesalers' role in product sales

Finra's concerns over wholesalers include how well-trained the sales force is, what information they possess and the reasonable basis for suitability

By Bloomberg
RIAS MAR 18, 2012
JOBS Act merits greater scrutiny

By MFXFeeder
LIFE INSURANCE AND ANNUITIES MAR 18, 2012
OSU, Pickens come up empty in insurance battle

By Darla Mercado
OPINION MAR 18, 2012
Why housing deserves another look

As the housing market starts to recover, advisers and investors might want to reconsider portfolio allocations.

By Brad McMillan
REGULATION AND LEGISLATION MAR 18, 2012
Time to shed light on corporate political contributions

By MFXFeeder
RETIREMENT PLANNING MAR 18, 2012
These tech tools know how to take annuities into account

By Davis Janowski
ALTERNATIVES MAR 18, 2012
Pacific West is ordered to pony up $2.1M over TICs

By Bruce Kelly
INDUSTRY NEWS MAR 16, 2012
Ron Carson: I got the Muppet treatment from Goldman

Well-known wealth manager Ron Carson claims he recently got a first-hand look at how Wall Street treats clients. He wasn't impressed.

By Bruce Kelly