| Live Event: Regulation Best Interest Is Here … Now What? | | Simply put, Reg BI changes the fundamental customer loyalty and disclosure obligations placed on advisers and broker/dealers and, as such, coming into compliance with Reg BI is of the utmost importance for firms.
Read more > | | | Arizona Is Latest State to Approach New Annuity Regulations | | The state is following in the footsteps of Iowa, which earlier this month adopted a regulation to require annuity agents to act in the best interest of their customers.
Read more > | | | Market Mirror | | Thursday, the Dow lost 147.63 points (0.58%) to finish at 25,400.64, the NASDAQ closed 43.37 points (0.46%) lower at 9,368.99, and the S&P 500 was down 6.40 points (0.21%) at 3,029.73. The Russell 2000 fell 35.69 points (2.48%) to 1,400.67, and the Wilshire 5000 decreased 123.13 points (0.40%) to 30,764.14.
The price of the 10-year Treasury note was down 2/32, increasing its yield to 0.707%. The price of the 30-year Treasury bond decreased 28/32, bringing its yield up to 1.466%.
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