The SEC, the CFTC and the FTC also filed lawsuits against Alex Mashinsky and his crypto lending company.
The House Financial Services Committee heard testimony on 18 bills that would curtail SEC efforts or otherwise restrict ESG considerations.
Independent and hybrid RIAs are in focus as managers look to broaden their product distribution
Concern expressed over the crypto flag bearer's outlook.
With inflation at its lowest level since March 2021, advisors are hoping the Fed can stop raising interest rates.
The regulator won't require 'swing pricing' for money funds after fierce pushback from the industry.
The exchange-traded fund offers exposure to the entire music industry, including streaming services, content and distribution, live events and ticketing, and music equipment and technology.
However, fund managers are generally optimistic and intend to maintain or increase exposure.
The SEC is due to finalize its rules Wednesday with Wall Street now expecting a victory on a key component.
Hedging equities with option income loses some luster, but still works for certain clients.
The June employment report showed fewer new jobs than expected, but what does that mean for staffing advisory firms' back offices?
Prices have plummeted as tenants have fled, and delinquency rates on mortgages are rising.
Broker-dealers are gaining the double whammy of billing higher fees based on more client assets as well as generating more revenue from higher interest rates.
Jennifer Kenning wants to bring the role of relationships back to wealth management.
House Republicans have planned six hearings in their anti-ESG blitz, along with bill markups dedicated to the topic.
Republican lawmakers fired off letters to financial industry giants warning their efforts to combat climate change could violate antitrust law.
The agency plans to hold a meeting next Wednesday to finalize its changes, which could result in a clash with the $5.5 trillion industry.
As the recession outlook moves further down the road, advisors see the Fed keeping rates higher for longer, boosting the appeal of fixed income.
But will the SEC agree that the asset manager’s refiled application will facilitate the democratization of crypto trading?
A plaintiff alleges that ESG led to lower returns, but the case brought against American Airlines' defined-contribution plan might be more political than substantive.
