The Justice Department's antitrust division asked the SEC to consider potential impacts of its proposals, including whether smaller pricing increments could increase competition between exchanges and wholesalers, and whether that might affect brokers' willingness to route orders to wholesalers.
Inflation-linked I bonds have soared in popularity over the past two years, but now the yield is set to slump from the historic 9.62% rate the bonds offered just a few months ago.
JPMorgan, Bank of America, Citigroup are listed as falling short in an analysis by Ceres and the Transition Pathways Initiative.
The price UBS paid for its Swiss rival is 'attractive' even after factoring in potential losses on Credit Suisse assets, litigation costs and restructuring expenses, according to a report by JPMorgan analysts.
Lane MacDonald had been chief investment officer of FMR’s diversified investments group.
Nearly 70% of parents with children 18 or older say they've sacrificed their own finances to help them, according to a Bankrate report.
Many employers are wary of implementing a SECURE 2.0 program that lets them apply matching contributions to student loan repayments in 401(k) plans.
The two funds would both track the returns of the iShares Core S&P 500 ETF, using options to try to reduce potential fluctuations in investors' returns.
The real estate trust, which has limited redemptions for a fifth straight month, had already hit 2% monthly limits in January and February.
The firm’s ratings unit overhauls its methodology as ESG score providers continue to draw criticism for using inconsistent approaches that have yet to be properly regulated.
