June 29, 2009
The Obama Rules - what they mean to advisorsOn June 17, President Obama unveiled a sweeping package of regulations aimed at the financial services industry. A brief summary of the regulations includes: Letting the states retain much of their current regulatory oversight. Creation
June 29, 2009
Madoff sentenced to 150 years in prisonAdmitted fraudster Bernard Madoff was sentenced Monday to 150 years in prison for perpetrating the biggest investment fraud in history, according to Reuters. The news agency...
June 29, 2009
Bills to overturn 151A gain supportA companion bill to the recently-introduced Meeks-Price bill is receiving praise from fixed indexed annuity issuers. The Coalition for Indexed Products released a statement Monday...
June 26, 2009
ICI: Drafted House 401(k) bill sets "dangerous precedent"Investment Company Institute (ICI) President and CEO Paul Schott Stevens chided the House Education and Labor Committee's approval this week of a bill requiring full...
June 26, 2009
New campaign addresses growing women's marketIt's long been known that women play a huge role in the decision-making process regarding financial products, but for many years, companies (and even individual advisors) have continued to treat the business as a male-centered enterprise.
June 26, 2009
New campaign addresses growing women's marketIt's long been known that women play a huge role in the decision-making process regarding financial products, but for many years, companies (and even individual advisors) have continued to treat the business as a male-centered enterprise.
June 25, 2009
Agents fight "grim reaper" stigmaWe recently published a blog titled "(Grim) reaping the benefits of life settlements?" The blog detailed a Slate magazine article that stomped a mud hole in the life settlements industry. Written by a self-proclaimed New York
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