Economy & Markets
The important economic and stock market news that advisors need to know.
Your Client Wants to Buy GameStop. What Do You Say?
By Bryce SandersAdvisors need to be a sobering, stabilizing influence when market mania gets out of hand.
January 29, 2021
'Crowdsourced Lulz' Are Probably Not Securities FraudThe SEC will have a tough row to hoe in any action on GameStop trading unless it can find false statements made with fraudulent intent.
January 29, 2021
Why GameStop Stock Hike May Not Be Criminal"It's a very diverse group of people doing it, so it will be hard for the SEC to proceed against people individually," says legal expert Stanley Langbein.
January 29, 2021
Congress Targets GameStop Stock Mania as Ocasio-Cortez Rips RobinhoodMeanwhile, the Senate Banking Committee has yet to schedule a confirmation hearing for Gary Gensler, Biden's pick for SEC chief.
January 28, 2021
How Should Advisors React to the GameStop Squeeze?Reach out to your clients before they reach out to you, advisor Douglas Boneparth tells ThinkAdvisor.
January 28, 2021
Schwab, TD Ameritrade Put Brakes on Some GameStop TradingMeanwhile, Wells Fargo has stopped its advisors from making recommendations to clients to buy GameStop or AMC.
January 28, 2021
SEC Needs to Act on GameStop: ValliereThe situation "has gotten Washington's attention," he says.
January 27, 2021
SIFMA Takes Aim at SEC's CAT PlanIndustry members like BDs would be obligated to assume "all the liability associated with a breach or misuse of data" in the CAT.