Wall Street Has New MiFID Migraine, Now in Futures Market
Banks are seeking CFTC relief from added regulatory burdens; futures brokers are concerned that compliance could add costs.
World’s Biggest Wealth Fund Wants Out of Oil and Gas
The plan would entail the fund, which controls about 1.5% of global stocks, dumping as much as $40 billion of shares.
The Real Fight Over Tax Overhaul Is Just Starting
It's unlikely the Senate will pass a tax bill with “as much as ease as the House,” the Tax Policy Center says.
Impact Investing Can Be Profitable, New Report Says
Recent research has shed light on what are appropriate and achievable financial performance expectations.
Are Amazon, Apple and Google Coming for Asset Managers?
Tech companies will increasingly enter finance in order to increase their “client stickiness,” Moody's predicts.
Merrill Fund Manager Survey Finds ‘Irrational Exuberance’
Risk-taking hit an all-time high in November, according to the latest Bank of America Merrill Lynch fund manager survey.
Morningstar Unveils Cloud Platform Integrating Client Data and Research
The new software, announced at Schwab Impact, has been in beta for the past few months and will be rolled out in the first quarter.
New York Fed Sees a Healthy Fear in the Volatility Curve
Fed researchers say the market is “pricing in implied volatility of around 19% in one or two years’ time."
Passive Investing a ‘Great Way to Free Up Time’: Schwab’s Clark
Most indie advisors see the rise of passive investing as an opportunity, not a threat, according to a Schwab survey.
Vanguard Shareholders Vote to Restructure REIT Funds and for Other Changes
They also approved proposals that provide more flexibility to switch fund advisors.