Bloomberg

Bloomberg
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INVESTING ETFS JUN 28, 2007
Claymore launches ETFs

Claymore Securities has launched two exchange traded funds on the American Stock Exchange today, themed on brokerages to vaccines.

NEWS INDUSTRY NEWS JUN 28, 2007
Keep one step ahead, says exec

The economy contains some upcoming pitfalls for investors, said James Rothenberg, chairman and principal of Capital Research and Management Company.

NEWS INDUSTRY NEWS JUN 28, 2007
Cantor to step down from 529 program

Diana Cantor will be leaving her post as founding executive director of the Virginia College Savings Plan, the country's largest 529 program.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUN 28, 2007
Rydex to be acquired by Security Benefit

The Security Benefit Group of Companies today announced it will acquire Rydex Investments.

RETIREMENT TAX JUN 28, 2007
Breeden makes play for Block board

Former SEC chairman and activist trader Richard C. Breeden is seeking three board seats at H&R Block.

INVESTING ALTERNATIVES JUN 27, 2007
Galvin slams UBS for hedge perks

UBS has been accused of "dishonest and unethical" practices in dealings with hedge fund advisers.

INVESTING ALTERNATIVES JUN 27, 2007
Cantor Fitzgerald forms fund-of-funds unit

Cantor Fitzgerald of New York is entering the alternative asset management arena.

NEWS BROKER DEALERS JUN 27, 2007
Woodbury Financial names president

Woodbury Financial Services, a top twenty independent-contractor broker-dealer, has promoted Walter White to president of the firm.

NEWS WIREHOUSES JUN 27, 2007
Fee dispute to be heard by Supremes

The U.S. Supreme Court has agreed to hear a dispute on whether a tax code allows trusts to claim a full deduction for investment management fees.

NEWS WIREHOUSES JUN 27, 2007
Merrill sued for discrimination

The EEOC has sued Merrill Lynch on behalf of an Iranian national who alleges that the bank discriminated against him.