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Friday, May 12, 2023
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Advisers Can Help Educate on Emergency Savings, Student Loan Debt Matching
PA-050923-How Advisers Help Implement Financial Wellness Offerings-web
Half of employers plan to add emergency savings and student loan debt matching via SECURE 2.0, according to MFS Investment Management.
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Asst. Labor Secretary Gomez Says DOL Studying SECURE 2.0 Implementations
The EBSA head also discussed the need to educate market participants on the DOL's ESG rule and changes to COVID-19 protocols.
Today’s Most Read
1. Fidelity Data Breach Exposed Info of 77,000 Clients
2. Who Is Most at Risk for Retirement Savings Shortfall?
3. 401(k) Traders Shifting to Fixed Income
Investment Product & Service Launches
Envestnet launches ActivePassive ETFs; Orion Advisor Technology reveals industry’s first ChatGPT integration; AI chatbot Mo debuts on Morningstar platforms; and more.
What Are Your Top Focus Areas in 2023?
Advisers share their priorities for the rest of the year. 
House Republicans Eye SEC Regulatory, Enforcement Budget
A letter from the House Financial Services Committee calls for a freeze on the SEC’s enforcement budget and the defunding of five total SEC proposals.
Market Mirror Market Mirror Graph

Thursday, the Dow fell 221.82 points (0.66%) to close at 33,309.51, the Nasdaq rose 22.07 points (0.18%) to close at 12,328.51 and the S&P 500 fell 7.02 points (0.17%) to close at 4,130.62. The Russell 2000 lost 14.81 points (0.84%) to close at 1,744.71, and the Wilshire 5000 lost 91.13 points (0.22%) to close at 40,719.42.

The price of the 10-year Treasury note decreased 1/32, bringing the yield to 3.389%. The price of the 30-year Treasury bond decreased 2/32, bringing the yield to 3.743%.

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