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INDUSTRY NEWS MAR 13, 2011
Online exam to test teens' financial smarts

Although some may question the financial acumen of an institution $14 trillion in the red, Uncle Sam wants to teach America's high-school-age students more about finance so that they will be better prepared to make personal financial decisions

By Liz Skinner
REGULATION AND LEGISLATION MAR 13, 2011
Custody rule hits firms in wallet

Blame it on Bernie

By Liz Skinner
FIXED INCOME MAR 13, 2011
Advisers lead Treasury retreat

Financial advisers seem to have implemented Bill Gross' strategy before Bill Gross

By Jeff Benjamin
Schapiro: SEC budget cuts would 'dramatically' curtail exams
REGULATION AND LEGISLATION MAR 11, 2011
Schapiro: SEC budget cuts would 'dramatically' curtail exams

Head of commission says GOP proposal would lead to big reduction in number of firm audits

By Bloomberg
Bill Gross: Who will buy Treasuries when the Fed doesn't?
INDUSTRY NEWS MAR 11, 2011
Bill Gross: Who will buy Treasuries when the Fed doesn't?

The question really is at what yield and what are the price repercussions if the adjustments are significant, writes the Pimco bond guru.

By Bloomberg
Bill Gross: Why inflation matters more than Bernanke says
INDUSTRY NEWS MAR 11, 2011
Bill Gross: Why inflation matters more than Bernanke says

Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co., said gains in so-called headline inflation matter more for the U.S. economy than Federal Reserve Chairman Ben S. Bernanke suggests.

By Mark Bruno
RETIREMENT PLANNING MAR 11, 2011
Fiduciary rule change could mean compliance crush for B-Ds

Financial adviser training and compliance expenses could spike for broker-dealers of all sizes — and become especially burdensome to smaller firms — if the Labor Department applies its proposed fiduciary rule to individual retirement accounts, observers say.

By Darla Mercado
LIFE INSURANCE AND ANNUITIES MAR 11, 2011
Target groups see changes to rankings

Morningstar Inc. has updated its quarterly ranking of large target date fund groups, raising its rating on TIAA-CREF and MassMutual Retirement Services, while lowering its rating on Fidelity Investments

By Robert Steyer
MUTUAL FUNDS MAR 11, 2011
What Eileen Rominger's appointment means for fund biz

The Securities and Exchange Commission's appointment of Eileen Rominger, an 11-year veteran of Goldman Sachs Asset Management, as its new director of investment management, marks the first time in decades — if ever — that the agency has named an industry executive with no legal background to the position.

By Jessica Toonkel
SEC taps ex-Goldman exec as new mutual fund cop
INDUSTRY NEWS MAR 11, 2011
SEC taps ex-Goldman exec as new mutual fund cop

Late on Tuesday, the SEC tapped Eileen Rominger to replace Buddy Donahue as the director of investment management. Ms. Rominger knows a little something about the topic: She's been a portfolio manager for three decades.

By Jessica Toonkel
INDUSTRY NEWS MAR 10, 2011
If you can beat 'em, join 'em: Former Finra target now running for board

Carreno mounting campaign for small-firm seat; won enforcement action filed against him by SRO

By DJAMIESON
The rise of the RIAs: $1.7T and counting
RIAS MAR 10, 2011
The rise of the RIAs: $1.7T and counting

Assets to the RIA channel have more than tripled over the last ten years, a trend that is 'redefining the way investment advice is delivered'

By Mark Bruno
RETIREMENT PLANNING MAR 09, 2011
More RFPs requesting info on advisory services

Retirement plan clients seem to want it all — and these days, they're asking plan advisers what they can do for their participants in terms of guidance.

By Darla Mercado
BROKER DEALERS MAR 09, 2011
B-Ds gird for increased product scrutiny

By Darla Mercado
REGULATION AND LEGISLATION MAR 09, 2011
Finra to alter makeup of district committees

In a move that some say could disenfranchise smaller firms, the Financial Industry Regulatory Authority Inc. plans to revamp its district committees

By Dan Jamieson
REGULATION AND LEGISLATION MAR 09, 2011
Fiduciary rule change could mean compliance crush for B-Ds

Financial adviser training and compliance expenses could become more onerous for broker-dealers -- if the Department of Labor applies its proposed fiduciary rule to IRAs

By Darla Mercado
INDUSTRY NEWS MAR 09, 2011
Clients' kids don't have to go to four-year college, Harvard says

Research shows plenty of jobs will be available for grads of two-year and occupational programs

By John Goff
Top BlackRock fund manager: Go for coal
INDUSTRY NEWS MAR 09, 2011
Top BlackRock fund manager: Go for coal

Rice sees price jumping as much as 30 percent in 2011; manager has stellar track record over ten years

By John Goff
Best gift of all? Tax bill hikes gifting exemption
RETIREMENT PLANNING MAR 09, 2011
Best gift of all? Tax bill hikes gifting exemption

Measure dramatically raises amount families can dole out tax-free; 'take it while you can'

By John Goff
Surest sign property market is headed up? Rise in 'jerk' insurance
INDUSTRY NEWS MAR 09, 2011
Surest sign property market is headed up? Rise in 'jerk' insurance

Sellers -- including the FDIC -- increasingly requiring buyers to share in potential windfall profits; 'chump tax'

By Bloomberg