Economy & Markets
The important economic and stock market news that advisors need to know.
T+1 Inches Closer After Robinhood GameStop Frenzy
By Melanie WaddellFormer SEC Chairman Jay Clayton agreed Tuesday at DealBook's DC Policy event that "time has come" for T+1.
February 17, 2021
SEC Sues Morningstar's Former Credit Ratings AgencyThe lawsuit alleges Morningstar Credit Ratings violated disclosure and internal control provisions of federal law in CMBS ratings.
February 16, 2021
Biden Extends Moratorium on Foreclosures, Mortgage Payment DeferralsThe pause for foreclosures and for applications for mortgage payment forbearance runs through June 30.
February 10, 2021
'Roaring Kitty' Ordered to Testify in MassachusettsEx-MassMutual rep Gill is supposed to testify Feb. 26 before the Securities Division in Boston.
February 09, 2021
These 12 States Will Be the Poorest by 2025: AnalysisA business communications firm looked at trends in home values, income and GDP.
February 09, 2021
SEC's Acting Chair Gives Senior Officers Subpoena PowerThe move, intended to speed investigations, could be connected to the GameStop squeeze.
February 08, 2021
Reddit GameStop Incident Could Spur Move to T+1Robinhood's CEO is pushing for a shorter trade settlement cycle, but it's not a quick change for the industry to make.
February 08, 2021
Goldman: 4 Reasons to Overweight U.S. Stocks, Downplay Inflation WorriesSharmin Mossavar-Rahmani, CIO of the wealth unit, explains why she doesn't buy into the consensus that investors should favor emerging markets.