House

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  Wanna Beat the Market by 6.6%? Join Congress

  By Gil Weinreich, AdvisorOne  |  November 14, 2011

  A new study published this year finds a 6.6% annual market-beating advantage for members of the House between 1985 and 2001. Rep. Nancy Pelosi scored a 203% multimillion-dollar return on an IPO at a time when ordinary investors lost 15%...

• Unfinished Business: Advisors Debate Fiduciary Standard, SRO

  By Melanie Waddell, AdvisorOne  |  November 1, 2011

  As we near the end of 2011, two of the top issues for the advisory industry remain unresolved: a fiduciary mandate for brokers and a SRO for advisors.

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  Senate Nears Spending Bill Vote; Shutdown Still Looms

  By Melanie Waddell, AdvisorOne  |  September 26, 2011

  The Senate is poised to vote late Monday afternoon on a government spending bill before the government’s fiscal year ends on Sept. 30, but with the House on recess, a government shutdown looms.

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  Barney Frank to DOL: Revise Fiduciary Rule on Retirement Plans

  By James J. Green, AdvisorOne  |  September 17, 2011

  Democratic Congressman writes Labor Secretary Solis, calling for her to “withdraw and repropose” fiduciary rule under ERISA; FPA and FSI voice approval

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  Debt Deal Vote Looms, Downgrade Worries Persist

  By Melanie Waddell, AdvisorOne  |  August 1, 2011

  As Congress takes up consideration of the debt ceiling bill, David Kelly of J.P. Morgan Funds warned that the measure could fail, leading to a TARP-like stock sell-off.

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  FSI’s Brown Slams DOL Fiduciary Proposal

  By John Sullivan, AdvisorOne  |  July 27, 2011

  On the same day Phyllis Borzi, DOL Assistant Secretary for EBSA, testified before Congress, Dale Brown, president and CEO of FSI, released a blunt statement on Tuesday on the fiduciary rule, calling it “troubling that we have reached this point in the process, and yet there appear to be no...

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  Peter Schiff Slams Bernanke as Fed Chief Warns on Debt Ceiling at Senate

  By John Sullivan, AdvisorOne  |  July 14, 2011

  Peter Schiff slammed Federal Reserve Chairman Ben Bernanke who told the Senate Banking Committee on Thursday that not raising the debt ceiling would cause the deficit to rise.

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  Majority Leader Cantor Denies Debt-Ceiling Conflict Over Investment

  By John Sullivan, AdvisorOne  |  July 12, 2011

  A spokesman for Rep. Eric Cantor tells AdvisorOne that the Congressman strongly denies Huffington Post charge that his portfolio would benefit from a U.S. government default.

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  Congress & Spending, Fed & Budget, and Jobs: Advisor Briefing for Week of Jan. 3, 2011

  By James J. Green, AdvisorOne  |  January 3, 2011

  Market-movers for the first week of 2011: jobs, budgets and a new Congress.

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  Final Senate Vote on Tax Cut Bill Expected Wednesday

  By Melanie Waddell, AdvisorOne  |  December 14, 2010

  Final passage by the Senate of the Tax Relief Bill is expected by Wednesday evening, and President Obama said about Monday's vote: "Folks on both sides of the political spectrum are unhappy with certain parts of the package, and I understand those concerns. But that's the nature of compromise."