Reuters Money: House Republicans question SEC oversight of private equity funds

	Click to View in Browser 09/13/2013 House Republicans question SEC oversight of private equity funds WASHINGTON (Reuters) - Two key Republicans in the U.S. House of Representatives are questioning whether federal securities regulators are spending too much of their time conducting compliance examinations of private equity fund advisers, saying sophisticated investors need less protection. Stock funds worldwide attract $14.3 billion in latest week: BofA NEW YORK (Reuters) - Investors worldwide poured $14.3 billion into stock funds in the latest week, the biggest inflows in two months, data from a Bank of America Merrill Lynch Global Research report showed Friday. Equity issuance may reflect rosy growth picture LONDON (Reuters) - Companies around the world are increasingly turning to equity issuance to raise capital, a sign of growing corporate and investor confidence that could create a virtuous circle for the economy and financial markets. Detroit considers pushing its retirees into health exchanges: lawyer DETROIT (Reuters) - Detroit's emergency manager is considering ending its health insurance coverage for city retirees under age 65 and giving them a modest stipend to purchase insurance from the health exchanges being established under Obamacare, according to a lawyer who represents two associations of public workers. Lehman's legacy of inequality: James Saft (Reuters) - Of the many regrettable aspects of the failure of Lehman Brothers, perhaps the worst is that it led to policies which expanded and reinforced economic inequality in the U.S., often through unfair means. Your Money: As you 'like' it: Investing in the social media age NEW YORK (Reuters) - By now, we all know what social media is best for: Instagram shots of your delicious brunch, videos of cute kittens and a twerking Miley Cyrus. Teachers, truckers and others who pay to work NEW YORK (Reuters) - Parents across the United States met the start of a new school year by dropping off their children along with mounds of supplies: crayons, folders, hand sanitizers, paper towels and much, much more. No. 2 U.S. pension fund CalSTRS picks Hermes as commodities manager NEW YORK (Reuters) - The California State Teachers' Retirement System said it has picked Hermes Fund Managers to be one of its two commodity managers, the first major step toward realizing the portfolio approved three years ago as an inflation hedge. New head of U.S. financial advice group refocuses on members (Reuters) - The U.S. organization that first raised questions about how financial advisers should be paid and regulated is shifting its priorities at a time when those issues are reaching a new level of national prominence. S&P to give more transparency, details in new U.S. local ratings WASHINGTON (Reuters) - Standard & Poor's Ratings Service on Thursday released long-anticipated changes to its criteria for assessing the credit quality of local governments, saying it expects 60 percent of the 4,000 governments it evaluates to remain the same. Related Video The worst "best" financial advice Facial recognition brings new look to shopping Business News Wall Street edges up at open after data, Fed eyed U.S. retail sales, wholesale inflation data point to slow growth The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend