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...ball is now in TD Ameritrade's court, a firm that has been gaining market share in recent years, with its flat $9.99 fee. In 2009, TD Ameritrade's daily average revenue [producing] trades rose 17% while Schwab's fell 2%, said Michael Hecht, an analyst at JMP Securities, in a recent note. "We were the one shop that had simple, straightforward, transparent pricing - one price point for all clients and there's no gimmick to it," says Tomczyk. "Clients don't like it when think they have one price and wind up getting nickeled and dimed to death...

Author: /time Magazine | Title: Brokers Wage a Price War on Commissions | 2/16/2010 | See Source »

After Bulldog forward Michael Sands went 1-of-2 from the line, giving Yale a one-point lead with seven seconds to play in regulation, McNally sprinted down the court and drew a foul at the right elbow...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: Crimson Survives OT Thriller, Stays in Title Hunt | 2/16/2010 | See Source »

...start of overtime, Curry drew a foul on a drive and knocked down both free throws to give Harvard an early lead. The next time down the court Casey and Webster missed in the paint, but Curry raced to the weak side where he grabbed the offensive rebound and converted the put back...

Author: By Timothy J. Walsh, CRIMSON STAFF WRITER | Title: NOTEBOOK: Fiery Speech Sparks Second-Half Rally | 2/16/2010 | See Source »

...could a lower appeals court call the case "as cogent ... as might be imagined" if the top court found such glaring problems? It's a glaring question for Hong Kong's judicial system to answer. In Hong Kong, roughly 75% of not-guilty pleas end in a conviction; in England and Wales, that figure is less than 8%. One prominent lawyer, Clive Grossman, once compared Hong Kong's rate of conviction to North Korea's. "An arrested person is, statistically, almost certain to face imprisonment," he wrote in the preface to the latest edition of a criminal-law reference book...

Author: /time Magazine | Title: Hong Kong's Milk-Shake Murder Trial Is Back | 2/15/2010 | See Source »

...However, prosecutors in cases like these still face significant legal hurdles in trying to reclaim public assets suspected of being stolen by political leaders. Last month, a Swiss court ordered $4.6 million in frozen accounts to be returned to former Haitian dictator Jean-Claude Duvalier after his family appealed a lower court's decision to turn the money over to charities, arguing the statute of limitations on any purported wrong-doing had expired. Moreover, despite a 2005 U.N. convention setting legal requirements for fighting corruption, Valerian says many Western countries have been slow to apply the measures and tend...

Author: /time Magazine | Title: How U.S. Legal Loopholes Are Aiding Money Launderers | 2/15/2010 | See Source »

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