Displaying 15 results
Stock market’s ‘Biden bounce’ raises caution flags
Stocks are up almost 12% since Election Day, and some advisers are already looking for a pullback. Biden's post-election rally stands out as the strongest since World War II.
Biden taps Gensler as SEC chairman
Federal Trade Commission member Rohit Chopra will be nominated to lead the Consumer Financial Protection Bureau; both choices signal the incoming administration is planning tough oversight.
How the Biden administration can protect retirement savings
The Labor Department's fiduciary rule and the SEC's Reg BI pose a real threat to the retirement savings of investors, but the Biden administration can put an end to the threat.
Biden poised to pick former CFTC chief Gary Gensler to head SEC
If Gensler is nominated by Biden to be SEC chairman and confirmed by the Senate, he would be the new administration's front-line regulator for Wall Street and the arbiter of what public companies must disclose to their investors.
Market watchers search for silver linings in 2021
Will more stimulus, curbing COVID-19 and releasing pent-up demand fuel a second-half surge?
Biden names Boston Mayor Walsh to head Labor Department
Walsh is a former head of the Boston Building and Construction Trades Council; his appointment is a signal that Biden will make the labor agenda a priority
‘Rule of law prevailed’: Advisers confident after riots at US Capitol
Advisers and analysts also cautioned investors and clients not to confuse ugly, divisive political action like riots with what’s happening in the broad stock market, which has been on a record run since March and the advent of COVID-19.
Markets brace for greater chance of blue wave in Georgia
A solar energy ETF rallies and inflation expectations climb on the prospect that Democrats will gain control of the Senate
SEC’s amped-up oversight of complex financial products expected to continue under Biden
Agency says advisers, brokers must apply ‘heightened scrutiny’ to sales of risky ETPs
Why ESG will be even harder to ignore in 2021
Money managers and institutional investors increasingly consider ESG factors to help identify responsible, well-managed companies
What advisers need to know about the new DOL rule
The new interpretation on the definition of advice has some benefits for plan advisers, and it will be in place even if the rule is halted
Tax considerations going into year-end
The uncertainty around the Georgia runoffs in January complicates efforts to plan for the possibility of higher tax rates under Biden
Labor Department sends fiduciary rule update to OMB
Approval may be moot as the new administration could easily quash it
Biden’s SEC chair likely to take ‘hard look’ at ESG
Democratic member Caroline Crenshaw predicts climate risk will likely be on the agenda at the agency
Biden financial transition team cheers investor advocates
But how a Democratic-led SEC interprets and enforces Reg BI depends on its chair
