An academic paper questions the notion that U.S. stocks with higher ESG scores held up better than the broader market during the first-quarter sell-off
The bank said it will increase Black leadership to 12%
Asset managers including Fidelity, BlackRock and State Street submitted comment letters criticizing the proposed rule
Investors are exiting such funds at the fastest pace ever as stocks surge and corporate bonds look more appealing
Schwab, Robinhood and Vanguard all say clients may be having problems using their websites
Both the SEC and Finra are now investigating Robinhood's handling of its March outage, sources say
Forged documentation on an over-the-counter contract for a client led to a loss of about $11 million
Wednesday's rallies in the S&P 500 and Nasdaq indexes were accompanied by gains in their volatility measures
Millionaire investors have boosted cash to 19% of their total assets, up from 12% prior to pandemic, group says
The massive run-up in a few technology stocks this year means many are less diversified than they may realize
