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 | Cybersecurity Strategies for the Adviser IndustryEffective cybersecurity strategies start with the right tone at the top, with senior leaders who are committed to improving their organization’s digital posture. Read more > |
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| Attorneys Say Guaranteed Income Safe Harbor Clearer Than Previous Guidance | |
| Advisers will play an important role in helping plan sponsors perform their due diligence and helping participants accept annuities. Read more > | |
| Delta Air Lines Must Face Lawsuit Over Pension Payments | |
| Retirees sued for denial of benefits, claiming Delta was wrong to offset their pension payments by a workers’ compensation settlement they received. Read more > | |
| Government Plaintiffs Clear Dismissal Hurdle in Reliance Trust Lawsuit | |
| The Department of Labor brought the underlying case and has argued successfully in opposition to the defendants’ dismissal motion, which has now been denied. Read more > | |
| Market Mirror | |
| Thursday, the Dow closed 128.05 points (0.44%) lower at 29,219.98, the NASDAQ lost 66.22 points (0.67%) to finish at 9,750.97, and the S&P 500 decreased 12.92 points (0.38%) to 3,373.23. The Russell 2000 was up 3.50 points (0.21%) at 1,696.07, and the Wilshire 5000 was down 99.26 points (0.29%) at 34,434.69. The price of the 10-year Treasury note was up 3/32, decreasing its yield to 1.560%. The price of the 30-year Treasury bond increased 7/32, bringing its yield down to 2.012%. | |
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