The same Fed policy that hurt fixed income last year is likely to make it the ballast for portfolios for the year ahead.
The firm is required to pay a $50 million fine and spend $50 million to improve compliance over two years.
The regulator's penalties averaged $247,000 per firm, according to an InvestmentNews tally.
His 10 calls for this year suggest a smoother ride for the markets that could depend on more action from Washington.
The infusion from UC Investments will give the $68 billion real estate investment trust a longer-term source of capital after it faced pressure from investors pulling cash.
Wall Street has been slashing earnings forecasts for some of the biggest holdings of Wood's flagship ARK Innovation ETF, signaling more pain ahead for a strategy that took a beating in 2022.
Trading in the funds had ceased following Russia's invasion of neighboring Ukraine in February.
The allocation that's supposed to hedge against both assets dropping simultaneously didn't pan out in 2022, with an index tracking a 60/40 mix down about 17% for the year.
The Vanguard Short-Term Tax-Exempt Bond ETF would track an index of municipal bonds with maturities between one month and seven years.
Using white out and other means, the rep doctored client financial information disclosure forms, according to Finra.
While stock and bond funds have seen assets decline, direct ownership of individual bonds has increased over the past year.
She earned the nickname 'SPDR Woman' for her work on the SPDR S&P 500 ETF Trust, which State Street Corp. introduced in 1993.
GWG was a 'classic Ponzi scheme,' according to a group representing investors.
Meanwhile, 2022 has been another excellent year for sales of alternative investments, according to the report from Robert A. Stanger & Co.
One of the challenges of regulating these investments is that there’s no agreed-upon definition for them.
As financial advisers turn to complex products to help clients navigate volatile markets and rising interest rates, regulators are scrutinizing the investments more closely than ever.
Cory Youmans, an adviser in Plano, Texas, snagged Judge’s historic 62nd home run of the season on Oct. 4.
2022 was marked by soaring inflation and a sinking stock market, but it had some redeeming features, including the fact that increasingly fee-based revenues make it easier for advisory firms to weather such storms.
From asset flows out of mutual funds and into ETFs, to mutual fund-to-ETF conversions and the emergence of single-stock ETFs, the liquid, low-cost, tax-efficient ETF wrapper has notched a lot of wins this year.
While most adviser-facing fintechs were spared the pain felt across the wider technology landscape, not everyone escaped the year unscathed.
