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Fed to inflict more pain on economy as it readies big rate hike
NEWS INDUSTRY NEWS JUL 26, 2022
Fed to inflict more pain on economy as it readies big rate hike

A growing number of analysts say it will take a recession — and markedly higher joblessness — to ease price pressures significantly.

ETFs that worry Wall Street regulators rake in billions
INVESTING MUTUAL FUNDS JUL 25, 2022
ETFs that worry Wall Street regulators rake in billions

The products are a growing corner of the almost $6.4 trillion industry, defying words of caution issued by the Securities and Exchange Commission and others.

The 60/40 strategy will make a comeback, Morgan Stanley says
NEWS INDUSTRY NEWS JUL 25, 2022
The 60/40 strategy will make a comeback, Morgan Stanley says

The approach offers higher estimated long-term returns in the US and Europe over the next decade than at most points over the last 10 years.

BlackRock offers portfolios tailored specifically for women
YOUR PRACTICE WOMEN ADVISOR COMMUNITY JUL 22, 2022
BlackRock offers portfolios tailored specifically for women

The portfolios take into account gender discrepancies around life expectancy, time in the workforce and income.

Ex-Coinbase manager arrested in crypto insider-trading case
INVESTING ALTERNATIVES JUL 22, 2022
Ex-Coinbase manager arrested in crypto insider-trading case

Ishan Wahi allegedly leaked information to his brother and a friend about when tokens were about to be listed on the exchange.

Cathie Wood’s Ark shutters transparency ETF in first closure
INVESTING MUTUAL FUNDS JUL 21, 2022
Cathie Wood’s Ark shutters transparency ETF in first closure

The ARK Transparency ETF gained only $12 million in assets since inception, a fraction of the $9 billion in Wood’s flagship fund.

BlackRock tilts the tables on ESG toward value stocks
INVESTING ESG JUL 20, 2022
BlackRock tilts the tables on ESG toward value stocks

A note circulated by the Wall Street giant has triggered a rethink across the industry.

Single-stock ETFs could be new gold rush for Wall Street
INVESTING EQUITIES JUL 18, 2022
Single-stock ETFs could be new gold rush for Wall Street

More than 80 exchange-traded funds tracking single stocks are planned, covering some 37 companies.

Wall Street texting habit sticks banks with rare $1 billion bill
YOUR PRACTICE FINTECH JUL 15, 2022
Wall Street texting habit sticks banks with rare $1 billion bill

The sweeping civil probes rank among the largest-ever penalties levied against US banks for record-keeping lapses.

SEC weighs waiving some rules to regulate crypto, Gensler says
INVESTING ALTERNATIVES JUL 14, 2022
SEC weighs waiving some rules to regulate crypto, Gensler says

The SEC chief says disclosures can be tailored for digital firms. He mentioned that such an approach is used for asset-backed securities and equity offerings.