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Tuesday, June 21, 2022
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PRACTICE PROGRESS WEBINAR SERIES
TODAY'S WEBINAR: Financial Wellness at a Difficult Moment
Achieving a sense of short-term financial wellness is hard enough during times of market growth and economic stability, but the challenge only deepens when inflation and interest rates jump.
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Broker/Dealer Charged in First SEC Reg BI Case
The SEC says Western International Securities failed to act in the best interest of customers when the firm allegedly sold them more than $13 million in unrated, high-risk L bonds.
Today’s Most Read
1. LPL Terminates CEO Arnold for Violating “Respectful Workplace” Rules
2. Charles Schwab CEO Walt Bettinger to Retire
3. DC Plan Experts See Slow, Steady Progress in Plan Personalization
Volatility, Inflation and Stagflation Concerns in Context
To understand what may come next during a turbulent period in the markets and the global economy, experts consider the lessons of past economic and market cycles.
Retirement Industry People Moves
The Retirement Advantage hires veteran financial professional, while AssetMark will acquire Adhesion Wealth.
Ready for PTE 2020-02 July 1 Enforcement?
The July 1 enforcement date for the Department of Labor’s new best-interest rollover documentation requirements has been widely publicized, but that doesn’t mean all advisers are ready.
Market Mirror Market Mirror Graph

Friday, the Dow was down 38.29 points (0.13%) to 29,888.78, the Nasdaq gained 152.25 points (1.43%) to 10.798.35, and the S&P 500 was up 7.68 points (0.21%) to 3,674.45. The Russell 2000 gained 15.84 points (0.96%) to 1,665.85, and the Wilshire 5000 was up 172.04 points (0.47%) to 36,529.80.

The price of the 10-year Treasury note fell 25/32 raising its yield down to 3.244%. The price of the 30-year Treasury bond fell 6/32 and its yield increased to 3.286%.

For the week ending June 17, the Dow  deceased 4.79%, the Nasdaq fell 4.78%, and the S&P 500 lost 5.80%. The Russell 2000 was down 7.47%, and the Wilshire 5000 finished 6.00&% lower.
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