November 12th, 2018

SEC Investor Advisory Committee Calls for Stronger Best Interest Regulations The committee says the SEC should explicitly explain that Regulation Best Interest is a fiduciary duty shared equally by advisers and broker/dealer to act in their customers’ best interest. Read more > AARP Tackles Social Security Misinformation As retirees drawing Social Security income look forward to a modest increase in benefits scheduled for 2019, AARP has published a list of common Social Security misconceptions. Read more > Would Government Bailouts Help Solve Union Pension Funding Crisis? A white paper published by a group of researchers and actuaries examines the pros and cons of creating a government-back low-interest loan program to support stressed multiemployer pensions. Read more > Retirement Industry People Moves Beacon Pointe Advisors names CIO; Asset-Map partners with Cambridge Investment Research; VALIC appoints new business development vice president; and more. Read more > MOST READ ARTICLES

Narrowing the Scope Analyzing big data from the recordkeeper to measure plan and participant achievements Read more > Valuable Partnerships How one adviser works with wealth managers in his firm to find prospects Read more > Market Mirror Friday, the Dow was down 201.92 points (0.77%) to end at 25,989.3, the NASDAQ gave up 123.98 points (1.65%) to finish at 7,406.90, and the S&P 500 shed 25.82 points (0.92%) to end at 2,781.01. The Russell 2000 lost 28.72 points (1.82%) to 1,549.49, and the Wilshire 5000 was down by 294.44 points (1.02%) to finish at 28,668.12. The price of the 10-year Treasury note was up by 15/32, decreasing its yield to 3.185%. The price of the 30-year Treasury bond was up by 19/32, decreasing its yield to 3.386%. WEEK’S WORTH: For the week ending November 9, the Dow was up by 2.84%, the S&P 500 gained 2.86%, and the NASDAQ rose by 0.68%. The Russell 2000 was up by 0.10%, and the Wilshire 5000 was up by 1.74%.

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