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Weekday news and analysis for retirement plan advisers
Tuesday, June 27, 2023
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Are Your Clients Insured Against Cyber Threats?
PA-062323-are-you-insuredcybersecurity
Experts share tips for how plan sponsors can protect themselves from the increasing threat of cybersecurity attacks and evolving litigation. 
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Compliance
House Appropriations Bill Would Block Safeguarding and Swing Pricing Proposals, Among Others
The legislation also targets the climate disclosure and market structure proposals.
Today’s Most Read
1. JPMorgan Faces 401(k) Forfeiture Lawsuit
2. Trump Names Acting Secretary for Department of Labor
3. TIAA and Nuveen's Target-Date Annuity Strategies Reach 1 Million Accounts
Advisory M&A
Moneco Advisors receives minority investment; Integrated Partners creates Insurance Solutions Division; Omnia Wealth Group launches with support from LPL Financial.
BlackRock Changes Up Public Policy Team
Samantha DeZur will now head U.S. division of team focused on public policies regarding investors’ long-term interests.
IAA: SEC’s Pending Adviser Proposals Are Redundant, Inconsistent
A letter from the industry association outlines what it calls overlap and inconsistencies between them.
Market Mirror Market Mirror Graph

Monday, the Dow fell 12.72 points (0.04%) to close at 33,714.71, the Nasdaq fell 156.74 points (‎1.16%) to close at 13,335.78, and the S&P 500 fell 19.51 points (0.45%) to close at 4,328.82. The Russell 2000 rose 1.63 (0.09%) to close at 1,823.26 and the FT Wilshire 5000 Total Market Index fell 154.20 points (0.35%) to close at 43,611.61.

The price of the 10-year Treasury note rose 23/32, bringing the yield to 3.742%. The price of the 30-year Treasury bond was unchanged, bringing the yield to 3.817%. 

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