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US ETFs show extent of damage to Russian stocks
INVESTING EQUITIES FEB 28, 2022
US ETFs show extent of damage to Russian stocks

Russia's stock market is closed, but the VanEck Russia ETF and the iShares MSCI Russia Capped ETF plunged 26% and 20%, respectively, in U.S. trading early Monday.

Selling stocks now entails too much risk: JPMorgan
INVESTING EQUITIES FEB 28, 2022
Selling stocks now entails too much risk: JPMorgan

The bank's analysts note that most military conflicts end up turning into buying opportunities.

Goldman probed by SEC over messages sent using unapproved services
YOUR PRACTICE PRACTICE MANAGEMENT FEB 25, 2022
Goldman probed by SEC over messages sent using unapproved services

In December, the SEC and CFTC imposed $200 million in fines on JPMorgan Chase over messaging apps.

SALT alternative takes shape as Democrats move past Biden plan
NEWS REGULATION AND LEGISLATION FEB 24, 2022
SALT alternative takes shape as Democrats move past Biden plan

Bill would raise deduction cap for most and exclude millionaires. However, the plan is unlikely to be taken up in Congress anytime soon.

Last great ETF holdout caves as Capital Group launches funds
INVESTING MUTUAL FUNDS FEB 24, 2022
Last great ETF holdout caves as Capital Group launches funds

One ETF will focus on fixed income, three will invest primarily in U.S. equities, and two will be devoted to global stocks.

Wells Fargo says DOL is probing its 401(k) plan
RETIREMENT RETIREMENT PLANNING FEB 23, 2022
Wells Fargo says DOL is probing its 401(k) plan

The bank said regulators including the Labor Department are looking at transactions related to the plan's employee stock ownership feature.

HSBC under investigation in US over WhatsApp use
YOUR PRACTICE FINTECH FEB 23, 2022
HSBC under investigation in US over WhatsApp use

Bank cooperating with CFTC probe into business communications. This comes after JPMorgan was fined for messages outside work systems.

Gold fights off rising rates, Bitcoin to be haven in tough times
INVESTING ALTERNATIVES FEB 23, 2022
Gold fights off rising rates, Bitcoin to be haven in tough times

Bullion and real U.S. interest rates have climbed this year but tightening rate cycles are not necessarily bearish for gold.

Envestnet weighs options after seeing takeover interest
INVESTING ALTERNATIVES FEB 23, 2022
Envestnet weighs options after seeing takeover interest

The Chicago-based fintech has recently been approached by at least one private equity firm interested in acquiring it, according to people familiar with the matter.

Most of the largest 401(k) funds are in the red this year on tech slump
INVESTING EQUITIES FEB 19, 2022
Most of the largest 401(k) funds are in the red this year on tech slump

Of the 15 largest funds held in 401(k) plans, just one has a positive return for the year as of Thursday, according to data from Brightscope.