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Wall Street knows who it doesn’t want at the SEC: Gensler or Bharara
REGULATION, LEGAL & COMPLIANCE NOV 13, 2020
Wall Street knows who it doesn’t want at the SEC: Gensler or Bharara

Banks and investment firms are fretting about some of the people they fear are in the running to head the Securities and Exchange Commission under Biden

Lame-duck Trump has potential to roil markets
RIA NEWS NOV 12, 2020
Lame-duck Trump has potential to roil markets

Pricing in futures markets suggests traders are braced for the possibility of a period of heightened turbulence

Ex-CFTC chief Gensler advising Biden on financial regulators
REGULATION, LEGAL & COMPLIANCE NOV 11, 2020
Ex-CFTC chief Gensler advising Biden on financial regulators

Gensler gained a reputation for standing up to Wall Street during the Obama administration

Stocks hit all-time highs on optimism about vaccine
EQUITIES NOV 09, 2020
Stocks hit all-time highs on optimism about vaccine

Stocks that have been hit hard by lockdowns, like movie theaters and cruise companies, jumped, while stay-at-home companies plunged

Election outcome seen as bullish for emerging markets
EMERGING MARKETS NOV 09, 2020
Election outcome seen as bullish for emerging markets

Developing nations' stocks and currencies are already at their highest levels in more than two years, and analysts are predicting additional gains

Gold and copper set for best week since July
ALTERNATIVES NOV 06, 2020
Gold and copper set for best week since July

Precious metals rallied as Joe Biden advanced in the presidential race

UBS sued for $500 million by Chinese tycoon over deal gone awry
WIREHOUSES NOV 06, 2020
UBS sued for $500 million by Chinese tycoon over deal gone awry

Wealthy Chinese businessman Guo Wengui steps up his fight over money he lost when the bank called in a margin loan

Fed leaves rates, asset purchases unchanged
REGULATION, LEGAL & COMPLIANCE NOV 05, 2020
Fed leaves rates, asset purchases unchanged

Chair Jerome Powell stresses that the economy needs fiscal and monetary policy support

History shows stocks may extend post-election surge
EQUITIES NOV 05, 2020
History shows stocks may extend post-election surge

Continued Republican control of the Senate means less likelihood of huge stimulus, but also less chance of tax hikes or more regulation

Stocks, bonds rally as election bets are retooled
EQUITIES NOV 04, 2020
Stocks, bonds rally as election bets are retooled

Investors are looking ahead to a future without massive debt-fueled stimulus spending or a rollback of Trump's tax cuts