The redemption announcement comes after the UK-based lender said it had erroneously sold $15 billion more structured notes and ETNs over the course of about a year than it had registered for.
Republicans on the House Financial Services Committee questioned the SEC leader about the roughly 50 rules the agency has proposed over the past two years.
The agreement between Advisor Group and CAIS on sales of alternative investments, and the revenue such sales would generate, is the crux of the matter.
As the environmental, social and governance space evolves, we're learning that the value from an investment perspective is not always best, even if it's always good.
The bank attracted wealthy clients with loans that have become a costly hurdle to finding a rescuer.
Most advisors are avoiding recommending cryptocurrencies to their clients, a CoreData Research survey found.
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.
More than half of consumers say they’ve taken steps to lower health care costs over the last two years, Fidelity reports.
As some of the worst performers of 2022 rebound in the first quarter, the outlook for the financial markets looks rosy.
As the firm announces a settlement of suits brought by Preston Hollow Community Capital, Nuveen announced that John Miller is retiring and will be replaced by Daniel Close.
Finra arbitrators order the firm and a broker to pay about $500,000 to a former McDonald's franchise owner after an options trading snafu.
Advisors evaluating alts for their clients should focus on what clients want to achieve as part of a well-diversified portfolio and understand their clients' cash flow requirements.
Modern Life is adding long-term care and hybrid long-term care products to its menu of insurance for financial advisors.
A big client moved $2 billion from a different Xtrackers ESG exchange-traded fund to the new fund, the Xtrackers MSCI USA Climate Action Equity ETF.
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.
Open claims against the Iowa-based broker-dealer totaled $32.1 million at the end of 2022, eight times what it reported a year earlier, according to an SEC filing.
Crypto experts say distributions via blockchain technology will soon be commonplace.
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.
Interest both for and against sustainable investing will almost certainly be rising — and that means that financial advisors can’t afford to ignore it.
