| Men as Advocates | | Given the increase in women joining the workforce, and today’s focus on diversity and inclusion, it’s more important than ever that we in the retirement industry work together to foster employing women in our firms.
Read more > | | | Make Way for Self-Promotion | | In a phrase, the SEC is seeking to move from a blanket prohibition-based approach to a more nuanced and modernized principles-based scheme—a meaningful change in policy the financial services industry has long advocated.
Read more > | | | COMPLIANCE CONSULT: MEPs and PEPs | | The SECURE Act, beginning in 2021, allows for the creation of PEPs, which are closer to the open MEPs many advisers had envisioned making available to employers.
Read more > | | | Market Mirror | | Yesterday, the Dow plunged 1,031.61 points (3.56%) to 27,960.80, the NASDAQ fell 355.31 points (3.71%) to 9,221.28, and the S&P 500 lost 111.86 points (3.35%) to finish at 3,225.89. The Russell 2000 dropped 67.97 points (4.01%) to 1,628.10, and the Wilshire 5000 plummeted 1,128.71 points (3.31%) to 32,937.58.
The price of the 10-year Treasury note increased 32/32, bringing its yield down to 1.370%. The price of the 30-year Treasury bond climbed 2 0/32, decreasing its yield to 1.830%.
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