Economy & Markets
The important economic and stock market news that advisors need to know.
'Crowdsourced Lulz' Are Probably Not Securities Fraud
By Nicolas MorganThe 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 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.
January 27, 2021
SEC Likely to Probe GameStop Trading Surge, but What Will It Find?Identifying a violation of the securities laws will likely be challenging, lawyers told ThinkAdvisor.
January 27, 2021
Morningstar Launches Broader Style Indexes for StocksThe new indexes cover more of the U.S. equity market than Morningstar's traditional style box, which they complement.
January 27, 2021
Fed Maintains Monetary Stimulus, Cites Moderating RecoveryTreasuries continue to hold their gains for the day following the statement, with the 10-year yield around 1.02%