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Monday, July 22, 2013

Reuters Money: Six ways to invest in Comic-Con's fantasy fanfare

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07/22/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Six ways to invest in Comic-Con's fantasy fanfare
SAN DIEGO (Reuters) - Geeks, nerds, gamers, cosplayers, fanboys and fangirls - an estimated 130,000 of them - are expected to visit Comic-Con this weekend, an annual celebration of popular culture.
Column: Medicare Advantage defies expectations by growing
NEW YORK (Reuters) - If we used tennis scoring to track the progress of healthcare reform, this would be the moment to declare: advantage Advantage.
UK watchdog imposes first fine on high-frequency trading
LONDON (Reuters) - Britain's Financial Conduct Authority (FCA) has fined U.S. based trader Michael Coscia nearly $1 million for manipulating UK commodities markets, its first penalty on ultra-fast trading.
Despite big rally, top small-cap fund expects more
NEW YORK (Reuters) - With a portfolio that is already up more than 30 percent for the year to date, the team behind the William Blair Small Cap Growth fund could be tempted to coast until January. But the portfolio managers of the $519 million fund expect the rally in U.S. small-caps to continue as the economy improves.
Financial advisers hunt clients in the Ivory Tower
NEW YORK (Reuters) - Getting a masters degree in business administration might seem like a very roundabout way for a financial adviser to attract new clients. The degree typically costs at least $100,000 and requires courses, such as corporate strategy, that aren't relevant to financial planning or money management.
Morgan Stanley stock traders rebuild burned bridges
NEW YORK (Reuters) - As Morgan Stanley's share price went on a headlong descent during the financial crisis in 2008, then-Chief Executive John Mack personally lobbied regulators to stop short-selling temporarily.
Stock funds worldwide gain $19.7 billion inflow: Bank of America
NEW YORK (Reuters) - Investors worldwide poured $19.7 billion into stock funds in the latest week as U.S. stocks hit record highs, a report from Bank of America Merrill Lynch said Friday.
The Summers or Geithner nightmare: James Saft
(Reuters) - If you got me at gun-point, backed me up to the edge of a high cliff and forced me to choose between Larry Summers and Tim Geithner as the next Federal Reserve Chairman, I think I might jump.
SEC should raise bar for investing in risky products: study
WASHINGTON (Reuters) - Securities regulators should consider raising the bar for who qualifies to invest in certain riskier financial products, a U.S. government watchdog said in a report released on Thursday.
Ex-broker for Wells, Morgan Stanley indicted for check fraud
(Reuters) - A former broker for Wells Fargo Advisors LLC and Morgan Stanley has been indicted for defrauding an elder client out of $1.8 million by forging checks on her accounts, federal prosecutors said.
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