New Obligation to the SEC | I’m an investment adviser registered with the Securities and Exchange Commission [SEC]. I provide investment advice to individuals about rollovers from 401(k) plans or transfers from existing IRAs [individual retirement accounts] to IRAs that I manage. Will I have to provide a client relationship summary [Form CRS] for this advice, and, if so, what does that entail?
Read more > | | Clients Can Get a Free Trial of SmartDollar Financial Wellness Program | SmartDollar is offering its financial wellness program for free to anyone who has been affected by the coronavirus or laid off, through the end of the year.
Read more > | | The PLANADVISER Practice Benchmarking Survey | Our definitive annual report on how retirement plan advisers run their practices, particularly with respect to recommending funds, providing individual advice to plan participants and serving as a fiduciary.
Read more > | | Market Mirror | Tuesday, the Dow decreased 631.56 points (2.67%) to 23,018.88, the NASDAQ fell 297.50 points (3.48%) to 8,263.23, and the S&P 500 lost 86.60 points (3.07%) to finish at 2,736.56. The Russell 2000 was down 28.25 points (2.33%) at 1,185.09, and the Wilshire 5000 closed 852.40 points (3.01%) lower at 27,433.65.
The price of the 10-year Treasury note was up 4/32, decreasing its yield to 0.566%. The price of the 30-year Treasury bond increased 1 30/32, bringing its yield down to 1.156%.
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