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To: regli who wrote (51452)	1/25/2006 8:36:07 PM
From: shades	Respond to of 110194

=DJ Financial Planners Reject Effort To Delay SEC Broker Rule . By Siobhan Hughes Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--Financial planners are urging securities regulators to reject an attempt by brokerage firms to win a second postponement of a rule that will subject many brokers to new regulations. The Securities and Exchange Commission last April adopted a rule, scheduled to go into effect on Tuesday, that requires brokers who provide financial planning services through fee-based accounts to be regulated as investment advisers. Brokers who provide advice that is "solely incidental" to their business would continue to be exempt from registering as advisers. Earlier this month, the Securities Industry Association sought to postpone for a second time the start of the rule. The trade group said that brokerage firms needed more time, until March 31, to comply with SEC staff guidance issued in December that spells out which activities count as financial planning. "We note that the interpretive guidance issued by SEC staff was requested by SIA and that the guidance - which FPA believes was profoundly flawed - had the effect of further expanding the broker dealer exemption, thereby easing compliance for SIA's member firms," wrote Neil Simon, director of government relations for the Financial Planning Association. "It strikes us as inappropriate that SIA, having obtained this interpretive guidance, should now seek to use it as a bootstrap in obtaining yet another extension of the compliance deadline." The FPA is currently suing the SEC over the rule. In a lawsuit pending in U.S. District Court for the District of Columbia circuit, the financial planners charge that the SEC was incorrect to adopt the rule.

To: regli who wrote (51452)	1/25/2006 8:37:05 PM
From: shades	Read Replies (1) \| Respond to of 110194

DJ Furniture Brands 4Q Net Dn 23% On Raw Materials Costs ST. LOUIS (Dow Jones)--Furniture Brands International Inc.'s (FBN) fourth-quarter profits fell 23% on higher costs for raw materials and lower volume at its Broyhill unit. The company also forecast first-quarter earnings of 43 cents to 47 cents a share, compared with 46 cents a share in the year-earlier period. In a press release Wednesday, Furniture Brands posted net earnings of $17.1 million, or 34 cents a share, down from year-earlier earnings of $22.3 million, or 42 cents a share, Results included charges of 2 cents a share for restructuring and asset impairment. Similar charges in the year-earlier period were 3 cents a share. Net sales fell 1.4% to $593.5 million, from $602 million a year earlier. First-quarter earnings will include restructuring and other charges of 2 cents a share, and the company forecast net sales growth in the low single digits. Year-earlier sales were $641.6 million. Furniture Brands closed Wednesday at $21.80, down 9 cents.