RIA News

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LIFE INSURANCE AND ANNUITIES JUN 21, 2009
Not such a bad gig

“I don't give a damn 'bout my bad reputation!” rock 'n' roll icon Joan Jett sang in 1981.

By Bruce Kelly
RIA NEWS JUN 21, 2009
OppenheimerFunds' tentative deal seen as plus for 529 plans

By Charles Paikert
REGULATION, LEGAL & COMPLIANCE JUN 21, 2009
After settlement, firm eyes widow of rogue adviser

A financial planning firm has settled all but one claim related to an embezzlement scheme conducted by a rogue adviser over an eight-year period ending in March 2008.

By Jeff Benjamin
RETIREMENT PLANNING JUN 21, 2009
White House leaves advisers up in the air

If you are a commercial banker, savings and loan operator, mortgage broker or hedge fund artist, there is a lot to concern you in the regulatory-reform proposal outlined by the Obama administration last week.

By Jed Horowitz And Sara Hansard
FINTECH JUN 19, 2009
TraderPlanet.com undergoes redesign

TraderPlanet.com has redesigned its website to improve ease of use and navigation for users who want to keep their trading skills sharp.

By Davis Janowski
RIA NEWS JUN 19, 2009
Oil rises to near $72 as investors eye inflation

Analysts worry that government stimulus spending, especially in the U.S., and rising commodity prices could push prices higher by the end of the year.

By Bloomberg
RIA NEWS JUN 18, 2009
Economy may be bouncing back, leading indicators show

Don’t dust off the trusty old credit cards and go on a spending spree just yet — but the economy seems to be gaining strength.

By Sue Asci
RIA NEWS JUN 18, 2009
Total U.S. jobless rolls drop sharply, to nearly 6.7M

The total number of people on the unemployment insurance rolls dropped for the first time since early January while new claims for benefits rose slightly.

By Bloomberg
RIA NEWS JUN 18, 2009
Finra fines Raymond James, RBC over stock-loan fees

The Financial Industry Regulatory Authority Inc. announced today that it had fined Raymond James & Associates Inc. of St. Petersburg, Fla., and RBC Capital Markets Corp. of New York, over stock-loan violations.

By Dan Jamieson
LIFE INSURANCE AND ANNUITIES JUN 17, 2009
Senators dig in on massive health care legislation

By Bloomberg
RIA NEWS JUN 17, 2009
Fund managers are optimistic about a global economic recovery

A growing number of fund managers are optimistic that the economy is recovering — despite a recent sell-off in bonds, according to a survey.

By Sue Asci
RIA NEWS JUN 17, 2009
Standard & Poor's cuts ratings on 22 banks

Credit ratings agency Standard & Poor's has cut its ratings on 22 banks.

By Bloomberg
RIA NEWS JUN 17, 2009
Consumer prices rise a less-than-expected 0.1% in May

Excluding volatile food and energy costs, core prices also increased 0.1%, matching expectations.

By Bloomberg
RIA NEWS JUN 17, 2009
Active managers’ trade group elects Renee Toth as president

The National Association of Active Investment Managers of Littleton, Colo., has elected Renee Toth as president of the trade group for 2009-2010.

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUN 17, 2009
Lincoln National prices offer at $15 per share

Lincoln National, which markets itself as Lincoln Financial Group, will raise about $600 million from the stock offer.

By Bloomberg
RIA NEWS JUN 17, 2009
Current account trade deficit drops to $101.5B

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUN 17, 2009
S&P gives MassMutual, New York Life and TIAA-CREF negative ratings actions

Standard and Poor’s Ratings Services today hit Massachusetts Mutual Life Insurance Co., New York Life Insurance Co. and TIAA-CREF with negative ratings actions.

By Darla Mercado
RIA NEWS JUN 16, 2009
Industrial activity dips more than expected in May

The Federal Reserve's report on Tuesday showed production at the nation's factories, mines and utilities has fallen for seven straight months. Output also turned out to be a bit weaker — a 0.7 percent decline— in April than the Fed initially reported.

By Bloomberg
EMERGING MARKETS JUN 16, 2009
Russian industrial output plummets

Gross domestic production declined nearly 10 percent in the first quarter and the government predict it will decline by 6 to 8 percent this year.

By Bloomberg
ALTERNATIVES JUN 16, 2009
May housing construction jumps 17.2%

The Commerce Department said Tuesday that construction of new homes and apartments jumped 17.2% to a seasonally adjusted annual rate of 532,000 units.

By Bloomberg