July 10, 2023

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July 10, 2023

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Featured News

AI arrives on Wall Street

Morgan Stanley and JPMorgan seize the initiative, while smaller firms grapple with a lack of standardized data.

Regulators likely to take wait-and-see approach on AI

The SEC is working on proposed rules related to artificial intelligence and other technologies, and Senate Majority Leader Chuck Schumer has announced a framework for AI legislation.

Social Security rules for divorced spouses

First rule: There must be at least a decade between 'I do' and 'I don’t.'

Rising markets, rates tee up second-half margins for B-Ds

Broker-dealers are gaining the double whammy of billing higher fees based on more client assets as well as generating more revenue from higher interest rates.

Stocks can’t continue to ignore recession risk

Despite the recent surge in equities, most market watchers expect stocks to finish the year flat or down from current levels.