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Despite an attempt in Dodd-Frank to preserve thrift institutions, a recent report on the elimination of the OTS is bolstering the view that the charter will exist in name only.

Advisors using TD Ameritrade’s practice management program have grown their business by 19% versus those that have not have only grown 9%.

In a presentation given by Beverly Flaxington, president of advisors trusted Advisor, at the 15th annual TD Ameritrade Institutional annual conference, advisors learned how to focus their business (and their resource) to improve their effectiveness.

“Something has gone very wrong in Washington,” said Tom Giachetti of Stark & Stark Attorneys at Law. “You cannot catch criminals through more regulation. Investment advisors will be burdened with more costs and it’s not protecting the investing public. This is a knee jerk reaction to Bernie Madoff.”

Many investors are assuming that that headache of cost-basis calculations are no longer their problem, period, said Nico Willis, chief executive of NetWorth Services, Inc., a financial software company in Phoenix. What most don’t realize is that the requirement doesn’t apply to securities bought before Jan. 1.

The $10 million is part of a settlement announced Thursday with the SEC, which charged the company with "failing to reasonably supervise its registered representatives" when the Reserve Yield Plus Fund saw the value of its shares fall below $1 in the midst of the credit crisis erupting at the time.

A lot of advisors seem to confuse their value proposition--and it hurts them in the long run.

Russell Investments on Thursday debuted the Russell Stability Indexes, a mix of both defensive and dynamic stocks.

Americans’ outlook on the current condition of the national and local economies has improved somewhat, a survey of 2,002 adults conducted by Hart Research Associates for Citibank shows.

Stephen Campbell joins Citi Private Bank after serving as chief investment officer at Zefram LLC, the personal investment company of Amazon.com founder Jeff Bezos.

Nearly 875,000 employees increased their 401k contributions in 2010, a 21% increase over 2009’s level of 721,000 employees, according to Merrill report.

Global X Funds has launched the Global X FTSE Andean 40 ETF.

According to a new study, for many women, retirement means living single and that requires more preparation, and more advisor aid.

The company has hired a "dean of education" to lead the new initiative.

Even with a long-term shift to passive investing, "managed solutions" packaging exchange-traded funds should also grow rapidly, said Scott Burns, Morningstar's ETF expert.

And 27% have no personal savings, a Harris Poll shows.

Equity funds net $5.12 billion of inflows, following $4.96 billion of inflows the week before.

The risk-management and trade analytics service announced the launch Tuesday of a service evaluating the illiquidity of municipal bond mutual fund holdings.

In the last two weeks of January, two failed banks did not garner a single bid. Though it is still early in the year to declare a trend, the two failures hint at tougher struggles to market banks on the brink and could mean higher costs for the Federal Deposit Insurance Corp.

International regulators worked hard, agreed in December to impose tough standards and then gave bankers eight years to meet them. But the reality is something much less concrete.