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REGULATION AND LEGISLATION AUG 09, 2011
S&P downgrades could put pressure on 'supercommittee'

If Main Street blames Washington for debt rating and market decline, Congress could feel constituents' wrath

By Bloomberg
LIFE INSURANCE AND ANNUITIES AUG 09, 2011
S&P swings ax as ratings cuts come fast and furious

Credit ratings agency follows its downgrade of US long-term sovereign credit rating with a host of additional downgrades.

By Dan Jamieson
Private funds to get public scrutiny — but family offices to get a pass
RIAS AUG 09, 2011
Private funds to get public scrutiny — but family offices to get a pass

SEC vote requires hedgies, PE firms to register with commission; exemption granted for family offices

By John Goff
Bull market on its last legs? Not so, says Birinyi
INDUSTRY NEWS AUG 08, 2011
Bull market on its last legs? Not so, says Birinyi

Given the stampede on Wall Street over the past few days, it's no surprise that clients are a little freaked out. But legendary stock picker Lazlo Birinyi isn't fazed. Despite the drama, he says 'the bull market is intact.'

By John Goff
Black swan funds duck market mayhem
INDUSTRY NEWS AUG 08, 2011
Black swan funds duck market mayhem

Investors make a killing off stock slaughter; Pimco, Universa generate big returns

By John Goff
Fed to hold rates steady til 'at least' 2013
INDUSTRY NEWS AUG 08, 2011
Fed to hold rates steady til 'at least' 2013

The Federal Reserve today announced it will not raise its overnight rate until at least the middle of 2013. Will this soothe investors' fears?

By John Goff
Two top Securities America advisers bolt for rival LPL Financial
RIAS AUG 08, 2011
Two top Securities America advisers bolt for rival LPL Financial

'Stay bonus' be damned: LPL's gain is Securities America's loss as two top producers depart

By Bruce Kelly
Time to get back in: Large caps oversold -- and then some
INDUSTRY NEWS AUG 08, 2011
Time to get back in: Large caps oversold -- and then some

S&P 500 now four standard deviations below 50-day moving average. A rarity? Oh yeah

By Dan Jamieson
Treasury yields evoke Eisenhower era as economic growth slows
FIXED INCOME AUG 08, 2011
Treasury yields evoke Eisenhower era as economic growth slows

Treasury bond yields are plunging to levels seen in the 1950s as concern a two-year recovery in the world's largest economy is stalling causes investors to flee stock and debt markets.

By Doug Cubberley
Another recession ahead? Scores of advisers think so
INDUSTRY NEWS AUG 08, 2011
Another recession ahead? Scores of advisers think so

Economic growth has stalled. The employment picture is still stunted. Major global economies are plagued by debt woes. Each factor, and others, has prompted the markets to plummet more than 10% in less than ten days. Is another recession around the corner? A number of advisers think it's a good possibility now.

By Andrew Osterland
BROKER DEALERS AUG 08, 2011
LPL aggressively pursues Securities America's top producers

While Securities America looks to find a suitor -- and tries to stop reps from bolting -- other B-Ds are on the prowl for the firm's top producers. The big winner so far? LPL.

By Bruce Kelly
INDUSTRY NEWS AUG 08, 2011
Securities America asks reps to pledge allegiance

Securities America this week asked reps to sign a letter expressing their suppport for the firm. For some, the letter signals the besieged B-D is close to being sold,

By Bruce Kelly
RIAS AUG 07, 2011
Proxy ruling a caution signal for SEC

The recent appellate court decision rejecting an SEC rule on proxy access for shareholders was a signal to the commission to slow down its rulemaking and take more care in measuring the costs versus the benefits of any new rule

By MFXFeeder
REGULATION AND LEGISLATION AUG 07, 2011
Philly RIA to return $11M to clients

A Philadelphia registered investment adviser has agreed to return nearly $11 million for misappropriating funds from clients who were told their money would support socially conscious investments, while it really went to pay the adviser's debts and for other purposes, according to federal regulators

By Liz Skinner
OPINION AUG 07, 2011
Taking their cue from Congress

I think I found the model for how opponents of the fiduciary standard hope to render the standard meaningless after financial regulatory reform

By Blaine F. Aikin
INDUSTRY NEWS AUG 07, 2011
Workman Securities to shut down; reps told to make a move

Another troubled broker-dealer is closing, but with a twist: The firm is telling its advisers to move en masse to another firm, according to brokers at the firm and industry recruiters

By Bruce Kelly
Recession predictions hit rough patch as economy perks up
INDUSTRY NEWS AUG 05, 2011
Recession predictions hit rough patch as economy perks up

Fourth quarter GDP growth could come close to 4 percent, experts say; 'too much pessimism'

By John Goff
INDUSTRY NEWS AUG 05, 2011
U.S. has likely dodged a double-dip: Economists

The U.S. has likely dodged a recession for now, even though it's too early to sound the all-clear for the economy.

By Mark Bruno
Massages and mortgages no basis for an economy: Zakaria
REGULATION AND LEGISLATION AUG 05, 2011
Massages and mortgages no basis for an economy: Zakaria

Foreign-policy guru says U.S. needs to invest in advanced manufacturing to create jobs; cheap overseas labor not going away

By Mark Schoeff Jr.
Pimco, Neuberger: Big bank debt a good bet
INDUSTRY NEWS AUG 05, 2011
Pimco, Neuberger: Big bank debt a good bet

Money managers at both firms say U.S. financial instituations can weather gathering storm in Europe

By John Goff