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March 2nd, 2021 |
 | Are You Leaving the Door Open?“Advisory firms really need to treat information security formally,” says Chief Technology Officer Jon Meyer of CAPTRUST in Raleigh, North Carolina. “They need to develop an information security policy, and procedures and processes to address any risks.
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The Latest Word on ESG | In explaining the fiduciary process for selecting ESG funds, the DOL noted that the ERISA duty of loyalty prohibits fiduciaries from subordinating participants’ interests to unrelated objectives.
Read more > | | ESG Investing Under ERISA | DOL narrows focus in final rule to pecuniary factors.
Read more > | | Yesterday, the Dow gained 603.14 points (1.95%) to finish at 31,535.51, the Nasdaq closed 396.48 points (3.01%) higher at 13,588.83, and the S&P 500 increased 90.67 points (2.38%) to 3,901.82. The Russell 2000 gained 74.27 points (3.37%) to finish at 2,275.32, and the Wilshire 5000 climbed 1,029.65 points (2.54%) to 41,538.33.
The price of the 10-year Treasury note was down 1/32, increasing its yield to 1.431%. The price of the 30-year Treasury bond decreased 31/32, bringing its yield up to 2.198%.
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