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Wednesday Link Roundup: April 20, 2011

From the editors of Registered Rep: Must-reads from around the web for Wednesday, April 20, 2011.

Bill Gross Announces PIMCO Total Return Exchange-Traded Fund

What If Lehman Failed Today?
[The Atlantic]

Advisors to Clients: The Tax Man Cometh
[The Hill]

SEC Names New Head of National Broker/Dealer Program

Goldman Sachs Would Not Be Allowed to Fail
[The Baseline Scenario]

Carl Icahn at Age 75
[NY Times]

SEC to Weaken Investor Protections for Smaller Companies?
[Remapping Debate]

American Funds Blames Advisors for Losses
[The Motely Fool]

SEC Requests Comments on Investor Education Efforts

China, Russia, India, Poland are all drinking more beer

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