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Most exclusive college in the world? Guess again
INDUSTRY NEWS DEC 30, 2010
Most exclusive college in the world? Guess again

Harvard may be hard as heck to get in to, but McDonald's Hamburger University accepts less than 1% of applicants; Hamburglar as study buddy?

By John Goff
EQUITIES DEC 30, 2010
Nearly 100 takeover targets for 2011, Morningstar says

Nimble investors could jump on some attractive acquisition candidates ahead of the unfolding 2011 takeover wave, according to the latest research from Morningstar Inc.

By Jeff Benjamin
RIAS DEC 30, 2010
Mariner buys CBIZ wealth business

The 24-employee unit will continue to work out of seven different cities

By Dan Jamieson
REGULATION AND LEGISLATION DEC 30, 2010
Congress moves to keep SEC open to information requests

Bipartisan members of the Senate Judiciary Committee introduced a bill Thursday that would remove exemptions for the Securities and Exchange Commission to a law that promotes openness at federal agencies.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION DEC 30, 2010
Pequot whistleblower lands $750K in 'land war' with SEC

Former staffer allegedly fired for wanting to question John Mack about possible insider trading at Pequot Capital

By Bloomberg
REGULATION AND LEGISLATION DEC 29, 2010
Rep settles charges he hoodwinked elderly nuns

SEC claims broker churned accounts of the Sisters of Charity

By Darla Mercado
INDUSTRY NEWS DEC 29, 2010
Citi: Book your profits on LPL stock now

Company commences coverage of the newly listed B-D with a 'sell' rating

By Bruce Kelly
REGULATION AND LEGISLATION DEC 29, 2010
B-Ds see increase in use of offerings sponsored by firms

First Allied Securities Inc., Janney Montgomery Scott LLC and Raymond James Financial Inc. are among a number of broker-dealers preparing for a spike in financial advisers' use of firm-sponsored, fee-based money management programs if brokers are to be held to a fiduciary standard of care.

By Jessica Toonkel
BROKER DEALERS DEC 29, 2010
LPL advisers use IPO to diversify

Looking to diversify and raise cash to pay taxes, big-producing and long-tenured advisers affiliated with LPL dumped shares and cashed out during the company's initial public offering this month.

By Bruce Kelly
BROKER DEALERS DEC 29, 2010
Voter backlash could preserve indie reps' employment status

Voter backlash could preserve indie reps' employment status

By Bruce Kelly
RETIREMENT PLANNING DEC 29, 2010
The most popular funds in the 401(k) market

The American Funds Growth Fund of America (AGTHX), Pacific Investment Management Co. LLC's Total Return Fund (PTTAX) and American Funds' EuroPacific Growth Fund (AEPGX) are the three most popular mutual funds in the 401(k) market, according to research being released today.

By Jessica Toonkel
Money managers see stocks rising in 2011: Russell
INDUSTRY NEWS DEC 28, 2010
Money managers see stocks rising in 2011: Russell

Money managers expect stocks continue their strong run in 2011, according to a survey being released tomorrow.

By Jeff Benjamin
INDUSTRY NEWS DEC 28, 2010
Keeping up with the Joneses: Illness can shape retirement planning

People are living longer, in part because of medical advances, but that doesn't mean Americans are not getting sick

By MFXFeeder
Will investors finally take a shine to a diamond fund?
INDUSTRY NEWS DEC 28, 2010
Will investors finally take a shine to a diamond fund?

Maybe. But the diamond <i>industry</i> doesn't seem overly enthusiastic about the offering from Fusion Alternatives.

By John Goff
Encompass' Gissen gaga for global resources
INDUSTRY NEWS DEC 28, 2010
Encompass' Gissen gaga for global resources

Investments in cross-border commodities, energy fueled 137% return last year

By Jeff Benjamin
REGULATION AND LEGISLATION DEC 28, 2010
JPMorgan placed 'spoof' orders to drive down silver prices: Suit

Lawsuit claims bank and HSBC placed large orders, then withdrew them

By Bloomberg
PRACTICE MANAGEMENT DEC 27, 2010
Custodians heighten scrutiny of new and veteran advisers

Custodial firms have been raising the compliance bar for registered investment advisers, in some cases making it tougher for them to find a home.

By Dan Jamieson
INDUSTRY NEWS DEC 27, 2010
Charles Schwab recovering from heart surgery

Charles Schwab, chairman of the Charles Schwab Corp., is recovering from heart surgery, the company said today.

By Dan Jamieson
RIAs rebounding, but regulatory uncertainty looming large
RIAS DEC 27, 2010
RIAs rebounding, but regulatory uncertainty looming large

Most registered investment advisers had a solid 2010 &#8212; they expanded their businesses, added clients and were even able to bump up their budgets a bit. Their feelings for the future, however, are not quite as fond.

By Darla Mercado
REGULATION AND LEGISLATION DEC 27, 2010
Finra offer to set up a testing program for RIAs falls flat

A proposal by Finra to develop a qualifying test for investment advisers has received a cool reception from adviser groups, which claim that it is part a continuing campaign by the regulator to broaden its powers

By Dan Jamieson