ABA Total Return Index: 2/2/2012 Value: 192.92 1.04 (0.54%) Intraday: 5:30pm ET ABAQ 161.92 (+3.44) ABQI 1194.58 (+26.79) QABA 25.062 (+0.58)

News

FEB 3 - Final 401(k) Disclosure Rule Issued
The Labor Department yesterday issued a final rule requiring mutual-fund firms and other 401(k) administrators to disclose to employers details about the fees they charge to run defined-contribution and defined-benefit pension plans. More Newsbytes

FEB 3 - Unemployment Rate Drops to 8.3%
Payroll unemployment grew 243,000 in January, exceeding expectations and dropping the unemployment rate to 8.3%, its lowest level since February 2009. Growth was driven by the private sector, as government continued to drag. More Economic News

JAN 30 - Keating Calls for Dodd-Frank, CFPB Reforms
ABA President and CEO Frank Keating stated that DFA & CFPB must be reformed to reduce the regulatory burden on community banks, noting that the volume of regulations has reached a breaking point for smaller banks. More DFA News