SEC Chairman Gary Gensler has been under pressure from Republican lawmakers and industry trade associations to allow more time for feedback on rulemaking.
The strategy blends short-term Treasury bonds with put options on longer-term bonds to ride the trend toward higher rates.
A Finra arbitration panel ordered UBS to pay the clients $2.9 million in compensatory damages and $966,000 in attorneys' fees.
The firm, which was the second-biggest underwriter of special purpose acquisition companies last year, has been telling sponsors of the vehicles it will end its involvement, sources said.
Advisers are hoping the worst is over and trying to keep clients focused on the long term.
The acquisition of $370 million Union Financial Advisors, based in Tulsa, marks Merit's sixth deal since taking private equity capital two years ago.
Independent broker-dealers’ shift toward fee revenue continued in 2021. Here are the firms that earned the most in fees last year.
Glass Lewis & Co. cited a 'disconnect' between the CEO's pay and the bank's performance; it's particularly concerned about the $52.6 billion in options awarded to Dimon in 2022.
Republican lawmakers express concern over expansive SEC agenda that they say exceeds the agency's authority and jurisdiction.
Vanguard founder John Bogle took his fiduciary mandate very seriously and focused on embedding it in the company's culture.
Providing hefty bonuses to recruit financial advisers is like a sugar rush: sweet at first but it comes with a downside.
Retirement Income Consortium members include major investment, plan managers.
Businesses want more information about pooled employer plans, but they're not ready to act.
“Paralysis rather than panic best describes investor positioning,” BofA's Michael Hartnett says.
Minor and disabled children are eligible for benefits when a parent retires or dies, and those benefits extend until the child is 18 — or 19 if still in high school.
As more crypto holders need help structuring their wealth, the staid world of estate planning is still playing catch up.
The key to a prudent process for selecting annuities for a retirement plan is to assess cost, performance and risk factors.
The Focus Financial CEO kicked off the firm's first-quarter earnings call by talking about Ukraine, which is the type of topic heads of U.S.-based financial services firms typically avoid.
The Tax-Smart Separately Managed Account Platform lets advisers customize portfolios based on strategies created by J.P. Morgan’s index team.
In the wake of the Federal Reserve's rate hike Wednesday, traders worry that Fed officials could struggle to contain inflation amid the lingering threat of a recession.
