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Weekday news and analysis for retirement plan advisers
Tuesday, September 20, 2022
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Judge Rules in Favor of Goldman Sachs in ERISA Suit
A federal judge rules that Goldman Sachs did not privilege its own mutual funds at the expense of retirement plan participants.
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PANC 2022: DEI at Work
Advisers share insights about how they are changing the composition of their firms—from entry-level positions to senior management—to better reflect the demographics of the U.S.
Today’s Most Read
1. What the 2024 Election Will Mean for Advisers
2. Crypto Remains Massive Compliance Risk for Retirement Fiduciaries
3. UAW Members Ratify Big 3 Automakers Deal
Retirement Plan Investors Face Challenges Managing Digital Accounts
According to J.D. Power, Bank of America and Charles Schwab tie for the top spot in digital participant satisfaction.
Senator Calls for Confirmation Vote on Assistant Secretary of Labor Nominee
Senator Patty Murray takes the 48th anniversary of ERISA to emphasize the importance of having a proper secretary to oversee EBSA.
Why a Regional Bank Feels Well-Positioned for Small-Plan Success
‘We, as the fiduciary adviser, can step in and leverage our investment experience and retirement insights to help business owners look out for their employees and help them prepare for retirement.’
Market Mirror Market Mirror Graph

Monday, the Dow rose 197.26 points (0.64%) to close at 31,019.68, the Nasdaq increased 86.82 points (0.76%) to end trading at 11,535.02 and the S&P 500 added 26.56 points (0.69%) to settle at 3,899.89. The Russell 2000 rose 14.65 (0.81%) to finish at 1,812.84 and the Wilshire 5000 added 271.77 points (0.70%) to close at 39,022.23.

The price of the 10-year Treasury note decreased 25/32 bringing the yield up to 3.490%. The price of the 30-year Treasury bond rose 1/32 bringing the yield to 3.518%.

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