State Street to Pay $382M Over Hidden Markups in Foreign Currency Trades
State Street set prices driven by predetermined markups and made no effort to obtain the best prices for clients, regulators say.
Retirement Outlook Improves 'Somewhat' as Workers Embrace Auto-Features: Survey
Retirement savers are more optimistic about how much they’ve saved, but inertia and competing demands keep them from saving more, a J.P. Morgan survey says.
Trump Presidency Could Really ‘Damage’ Economy: GMO’s Inker
GMO portfolio manager Ben Inker talks to ThinkAdvisor about the unusual market risk of a Trump presidency, Brexit and a stock bubble on the horizon.
In Pleas to SEC, Businesses Slam Sustainability Disclosures
Businesses have pushed back against the SEC's efforts to make them disclose their environmental impact and stances on public policy matters.
Does DOL Fiduciary Rule Create a New Right to Sue?
The lawsuit by NAFA challenges the rule on six counts, but the key question is whether the rule creates a new private right of action.
Senate Shakeup Likely as Congress Up for Grabs
Some powerful committee seats could change hands after the election, analysts say. Meanwhile, there's still a budget to pass under voters' watchful, election-season eye.
New Salesforce Tool Helps Financial Institutions Comply With Fiduciary Rule
MoneyGuidePro also released a new fiduciary-focused tool.
4 Types of Affluent Gen Xers and Millennials and How They Invest
These four investing styles are common among younger age groups.
U.S. Home Prices Near Their 2006 Peak: Black Knight
U.S. home prices gained 1.1% in May and are up 5.4% year over year, according to the latest Black Knight home price index.
ETF Assets Set Records in June
Fixed income exchange-traded funds and products led asset gathering in first half, according to ETFGI.