Industry News

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NEWS INDUSTRY NEWS MAY 20, 2012
Once again: Don't kill the messenger

By MFXFeeder
NEWS INDUSTRY NEWS MAY 20, 2012
A generational shift in portfolio design

By Don Robinson
NEWS INDUSTRY NEWS MAY 20, 2012
Fiduciary champion hit with more charges

By Darla Mercado
NEWS RIAS MAY 20, 2012
brokersXpress not an option for Schwab

By Bruce Kelly
NEWS FINTECH MAY 20, 2012
Hopes for Tamarac deal: A 'one-stop portal' for front and back offices

By Janowski Davis
NEWS INDUSTRY NEWS MAY 20, 2012
GOP: House vote on cuts to forestall 'taxmageddon'

By Mark Schoeff Jr.
NEWS PRACTICE MANAGEMENT MAY 20, 2012
When handing off a practice, beware of fumbles and stumbles

By LKUYKENDALL
NEWS INDUSTRY NEWS MAY 20, 2012
Ex-NAPFA head hit with fraud rap

By Liz Skinner
What's Facebook really worth? Shorts see a mighty low number
NEWS INDUSTRY NEWS MAY 18, 2012
What's Facebook really worth? Shorts see a mighty low number

Despite the hype surrounding the social media giant's IPO, short-sellers are out in force betting against the company. Some see Facebook falling flat on it's face, with its share price tumbling dramatically by year's end.

By John Goff
Private markets lose their Facebook cash cow
NEWS INDUSTRY NEWS MAY 18, 2012
Private markets lose their Facebook cash cow

Social-networking giant accounted for huge chunk of trading volume on nonpublic exchanges

By AOSTERLAND
NEWS FINTECH MAY 18, 2012
The basics behind the social-media button

By Amy McIlwain
Parental alert: Your debt-laden child is eyeing your basement
NEWS INDUSTRY NEWS MAY 17, 2012
Parental alert: Your debt-laden child is eyeing your basement

Large chunk of students borrowing money for college plan to move back in with mom and dad, survey reveals

By Liz Skinner
NEWS INDUSTRY NEWS MAY 17, 2012
Alternate universe

Fund companies are increasingly cranking out mutual funds that invest in alternatives. But the most popular product may offer scant protection against down markets

By John Goff
Schwab to close brokersXpress
NEWS INDUSTRY NEWS MAY 17, 2012
Schwab to close brokersXpress

Charles Schwab is shutting down brokersXpress. The parent company broke the news to the B-D's 300 reps late Wednesday afternoon. Now, the brokers have 90 days to relocate.

By Bruce Kelly
Search for retirement income leads to unlikely sources
NEWS RETIREMENT PLANNING MAY 17, 2012
Search for retirement income leads to unlikely sources

Reverse mortgages and managed futures emerging as options for affluent clients; munis in the mix as well

By Darla Mercado
NEWS MUTUAL FUNDS MAY 17, 2012
Gloomy Gundlach sees dark at the end of tunnel

By AOSTERLAND
Natural gas the next gold, says Gundlach
NEWS INDUSTRY NEWS MAY 17, 2012
Natural gas the next gold, says Gundlach

Bond guru expects prices to go on prolonged rally

By John Goff
OptionsXpress accused of skirting naked-short-sale rules
NEWS REGULATION AND LEGISLATION MAY 17, 2012
OptionsXpress accused of skirting naked-short-sale rules

OptionsXpress Holdings Inc. conducted a series of sham “reset” transactions designed to give the illusion that the firm had purchased securities to comply with obligations associated with short sales, the SEC said in a statement today.

By Doug Cubberley
NEWS BROKER DEALERS MAY 17, 2012
Finra may give up lock on BrokerCheck

In a move that could have a serious impact on the advice business, Finra is considering giving private vendors access to the regulator's data on licensing and disciplinary actions.

By Dan Jamieson
Don't suffer an IRA tax faceplant
NEWS RETIREMENT PLANNING MAY 16, 2012
Don't suffer an IRA tax faceplant

Mistakes with retirement account taxes are common with IRS rules so complex

By LKUYKENDALL