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Tablets have fundamentally changed the way financial advisors do their work and there’s every reason to believe they will continue to be the dominant tool of choice in the advisory community for years to come.

Christina Romer, a member of President Obama’s Council Of Economic Advisers at the start of the global credit crisis, said the Federal Reserve should get aggressive and set a target for domestic economic growth. Otherwise, at current rates, she calculates it’ll take 40 years to get the nation back to full employment.

Ahead of the Department of Labor’s anticipated proposal to redefine fiduciary responsibility, expected sometime in 2012, 55 House Republicans sent a letter asking for more careful consideration of the effects on consumer choice before any new rule is proposed.

Neuberger Berman has placed Fayad Abbasi, an analyst at the center of a federal insider-trading probe, on paid leave.

Since the financial crisis and Great Recession, 401(k) plans have undergone dramatic shifts. To foster diversification and greater participation, 51% of participants in Fidelity Investments' 401(k) plans are in automatically enrolled plans, up from 16% five years ago, and 73% of the plans use target-date funds as the default, up from 11% in 2006.

Fidelity Investments has filed with the SEC to offer a broad range of domestic and international equity and fixed-income exchange-traded funds – putting to rest longtime speculations as to when, not if, Fidelity would enter the ETF market.

Standard & Poor’s famously downgrades its rating of U.S. debt for the first time on Aug. 4. Investors pull out of equities and park their proceeds in ... U.S. Treasury bonds.

From Dodd-Frank to new taxes on professional services, lawmakers are increasingly making and suggesting changes that could dramatically impact planners and their clients. The planning community hasn't sat idle amid all this rule-making. In fact, the Financial Planning Association and its regional chapters have gotten more politically active than they've been in the past.

ProShares has created a new post, head of capital markets and named Stephen Sachs to the position.

The operators of the Hong Kong Exchanges are taking steps to enter the index business, toward creating benchmarks of the performance of stocks on mainland China and in emerging markets, such as Russia, Brazil, India and South Africa.