Economy & Markets
The important economic and stock market news that advisors need to know.
Schwab, TD Ameritrade, Interactive Brokers Sued Over Trading Restrictions
By Melanie WaddellA lawsuit in Colorado says the trading platforms manipulated the market, creating "massive losses" for retail investors.
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.
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.