Economy & Markets
The important economic and stock market news that advisors need to know.
SEC Gives 4 Firms Final Approval for Nontransparent ETFs
By Bernice NapachThe firms are T. Rowe Price, Fidelity, Natixis and Blue Tractor.
December 10, 2019
CPA Execs Tighten Forecasts for Profit, Revenue Growth in Q4But their optimism on the U.S. economy ticked up slightly as trade-war fears eased, AICPA reported.
December 10, 2019
Morningstar Launches a New Framework to Analyze Equity FundsIt goes way beyond the Style Box, which was limited to the market cap and growth or value style of fund holdings.
December 10, 2019
Wells Fargo Kills Commissions for DIY InvestorsThe move to zero follows the industry trend started by Charles Schwab in early October.
December 09, 2019
TD Ameritrade Looks at Retail Investors, Sees Positive SignsIts index of investor activity hit a high for the year, though it's still low by historical standards.
December 09, 2019
Merrill Edge Ends Trading Commissions for Self-Directed ClientsMerrill Edge Self-Directed joins a growing list of brokerages offering commission-free trades.
December 09, 2019
Paul Volcker, Inflation Tamer Who Set Bank Risk Rule, Dies at 92In a career that spanned more than half a century, Volcker became a one-man economic cleanup crew.
December 06, 2019
Boffo Year for Markets, but State Fiduciary Regs Loom: SIFMAThe CEO of the securities trade group briefed reporters on a stellar market year and potential new rules.