The Broadridge affiliate has not filed notices required by the DOL, plaintiffs in a class-action lawsuit claim
But there is little consensus on how to do so, according to comment letters submitted this week to the regulator
Deposits at commercial banks have risen 18% this year, to a record $15.6 trillion, and money-market fund assets are almost $1 trillion higher than before the pandemic
Some TDFs that limited losses during the market dive early in the year came out on top, an analysis of Morningstar Direct data shows
When zero fees are not expensive enough
TGIF is the ticker for the exchange-traded fund, which will distribute cash each Friday
The proposed restrictions on environmental, social and governance funds in 401(k)s would perpetuate racial discrimination, a group of lawmakers wrote
The jury is still out on whether financial advisers will buy into the unique new fund wrapper
So far this year, 68 active exchange-traded funds have started trading, compared with 63 passive ones
Institutional investors like insurance companies and pension funds learned to appreciate bond ETFs amid the volatility in March
The exchange-traded fund industry's fee war may be running out of steam
Funds would be required to report holdings quarterly if they have at least $3.5 billion of equities, up from the current threshold of $100 million
While not exactly novel, the legislation is a sound first step toward getting Main Street investors the tools they need
Large investors are giving up liquidity and tighter spreads for lower fees
The unique new exchange-traded fund wrapper is slowly gaining steam
The new fund is designed to fill a gap in the growing ESG market
Paychex, Astellas and Aon were recently sued, and the $12.4 million settlement in a Northrop Grumman suit has been held up
Tabula Investment Management launched an exchange-traded fund that lets investors bet against high-yield debt issued by North American companies
Market volatility triggered selling by the types of active traders who use BlackRock's iShares funds
The Treasury would build a national account-tracking system, under bipartisan legislation co-sponsored by Sen. Elizabeth Warren
