Brokerage and fund trade associations caution against limiting the market for retail customers. Consumer group and state regulators say more oversight is needed to protect investors.
The crash in cryptocurrencies could accelerate an investor stampede to safer asset classes.
Fidelity wants to make it easier to allocate 401(k) assets into Bitcoin, while the Department of Labor is warning plan fiduciaries to be extremely careful about using crypto.
Broker-dealers kept selling GWG's life settlement-backed bonds for years despite all the accounting and reporting static coming from the company.
CFTC Chairman Rostin Behnam says his agency would be a tough regulator for crypto market.
SEC Chairman Gary Gensler has been under pressure from Republican lawmakers and industry trade associations to allow more time for feedback on rulemaking.
The strategy blends short-term Treasury bonds with put options on longer-term bonds to ride the trend toward higher rates.
Tightening monetary policy to combat runaway inflation and ebbing liquidity are turning investors away from speculative assets across global markets.
The addition gives access to a menu of alternative investment products, including hedge funds, private equity, real estate and private credit.
As more crypto holders need help structuring their wealth, the staid world of estate planning is still playing catch up.
The additions will bring the agency's Crypto Assets and Cyber Unit to 50 people.
Mercer is acquiring HYA Advisors, an RIA based in Springfield, Missouri, as private equity money continues to drive RIA consolidation.
As fixed income suffers the brunt of the Fed's efforts to catch up on inflation, financial advisers suddenly have an alternative for short-term cash allocations.
The measure sponsored by a bipartisan group of representatives would bring exchanges that offer digital assets like Bitcoin directly under the purview of the Commodity Futures Trading Commission.
The asset manager says the new consumer, an industrial renaissance and medical innovation are areas where changes have exposed 'underestimated investment opportunities.'
Finra said last summer that it was launching an examination sweep probing the opening of options accounts.
It's never too late so long as they commit themselves to remaking their firms with technology, and funding the investments needed to pull it off.
Offering crypto investments through workplace plans will make digital assets more accessible, but the option needs to be right for the investor.
A UBS analysis shows April is set to see the largest crypto-ETF outflows on record, with investors having pulled more than $417 million so far this month.
The product will allow 401(k) participants to invest a portion of their savings in Bitcoin; employers that offer the option will decide what percentage of an employee's account can be directed into crypto.
