Associated Press

Associated Press
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NEWS RIAS FEB 15, 2010
Wealth managers: Next overseas surprise is anyone's guess

Stocks have been in flux over the past few weeks as surprises kept coming from overseas. Greece's debt crisis, similar troubles in Portugal, and China's latest moves to slow down its economy have kept investors guessing.

Didn't see this one coming: Investment 'psychic' charged with fraud
NEWS REGULATION AND LEGISLATION FEB 11, 2010
Didn't see this one coming: Investment 'psychic' charged with fraud

'America's Prophet' and investment adviser Sean David Morton said he used psychic powers to predict the movement of the stock market. One move Morton probably didn't see coming: the government charged him with fraud.

INVESTING ALTERNATIVES FEB 11, 2010
BlackRock buys real estate advisory firm

Investment manager BlackRock said Tuesday that it bought Helix Financial Group LLC, a commercial real estate advisory firm, for an undisclosed amount.

RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 11, 2010
Calif. insurers: We've got $12B invested in Iran

California's insurance commissioner said Tuesday he will push insurance companies doing business in California to divest up to $12 billion in indirect investments in Iran's defense, nuclear, energy and banking industries.

NEWS REGULATION AND LEGISLATION FEB 11, 2010
Credit Suisse to buy back $79M in auction-rate securities

Credit Suisse Securities (USA) LLC has agreed to buy back $79 million of auction rate securities from Colorado investors who struggled to sell them after the market for them froze.

Cash back? Morgan Stanley gets $775M profit boost from Discover settlement
NEWS INDUSTRY NEWS FEB 10, 2010
Cash back? Morgan Stanley gets $775M profit boost from Discover settlement

Discover Financial Services said on Friday that it paid Morgan Stanley $775 million to settle a dispute over the proceeds from an antitrust lawsuit filed before Morgan Stanley spun off Discover in 2007.

NEWS INDUSTRY NEWS FEB 10, 2010
White out: Snowstorm forces rare delays of economic reports

A severe snowstorm has forced the federal government to do something it seldom does — postpone release of several monthly economic reports.

RETIREMENT LIFE INSURANCE AND ANNUITIES FEB 09, 2010
Did motivational speaker kill himself for insurance money?

From the start, the man accused of killing motivational speaker Jeffrey Locker told a startling tale: He said Locker asked for help stabbing himself to death so his family could collect life insurance money.

YOUR PRACTICE PRACTICE MANAGEMENT FEB 09, 2010
SEC names di Florio head of compliance

A partner in big accounting firm PricewaterhouseCoopers has been named to head a key division of the Securities and Exchange Commission blamed for contributing to the breakdown that allowed Bernard Madoff's multibillion-dollar fraud to go undetected for 16 years.

BofA's Moynihan: Banks did plenty of damage
NEWS INDUSTRY NEWS FEB 09, 2010
BofA's Moynihan: Banks did plenty of damage

Bank of America Corp.'s new CEO Brian Moynihan said Monday his company is continuing to recover from the financial crisis but will remain cautious even as it expects to grow in 2010.