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You can now bet big on cannabis with first US leveraged ETN
RIA NEWS DEC 12, 2019
You can now bet big on cannabis with first US leveraged ETN

The MicroSectors Cannabis 2x Leveraged ETN will charge 95 basis points.

Fed leaves rates unchanged; forecasts show no change in 2020
RIA NEWS DEC 11, 2019
Fed leaves rates unchanged; forecasts show no change in 2020

FOMC says current monetary policy is "appropriate to support sustained expansion of economic activity."

ETFs that hide their portfolios get go-ahead from SEC
REGULATION, LEGAL & COMPLIANCE DEC 11, 2019
ETFs that hide their portfolios get go-ahead from SEC

T. Rowe Price, Fidelity, Natixis and Blue Tractor won permission from the regulator to disclose their holdings only once a quarter.

Paul Volcker, inflation tamer who set bank risk rule, dies at 92
RIA NEWS DEC 09, 2019
Paul Volcker, inflation tamer who set bank risk rule, dies at 92

The former Federal Reserve chairman served six presidents as an economic adviser in a career spanning more than half a century.

Donald Marron, Wall Street veteran active in the IBD business, dies at 85
RIA NEWS DEC 09, 2019
Donald Marron, Wall Street veteran active in the IBD business, dies at 85

A Wall Street veteran who led Paine Webber for 20 years until its $16 billion sale to UBS in 2000, Mr. Marron was also active most recently in the independent broker-dealer business.

Wall Street projects U.S. yields to land below 2% in 2020
FIXED INCOME DEC 09, 2019
Wall Street projects U.S. yields to land below 2% in 2020

Societe Generale predicts the 10-year yield will drop to 1.20%

Citi tells rich clients to stop being so nervous about stocks
RIA NEWS DEC 06, 2019
Citi tells rich clients to stop being so nervous about stocks

A new report from the private bank rejects the idea that a recession is imminent.

Riskiest ETFs get a green light
REGULATION, LEGAL & COMPLIANCE DEC 05, 2019
Riskiest ETFs get a green light

But the SEC's proposal would require brokers to assess whether investors understand the risks — which might discourage firms from offering the products.

Biden tax plan targets wealthy and corporate behemoths such as Amazon, Netflix
RIA NEWS DEC 04, 2019
Biden tax plan targets wealthy and corporate behemoths such as Amazon, Netflix

Plan also details call to end loopholes worth hundreds of billions of dollars.

Calpers scales back on 'emerging' equity fund managers as returns lag
RIA NEWS DEC 04, 2019
Calpers scales back on 'emerging' equity fund managers as returns lag

Launched in 1991, the program has failed to produce acceptable gains.