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Thursday, September 29, 2022
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SEC Charges 16 Firms With Failing to Preserve Electronic Communications
PA-030421-SEC-1131402910-WEB
The firms have admitted to the wrongdoing and will pay penalties of more than $1.1 billion.
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What Is the DOL’s Plan If the Government Shuts Down?
Like most organs of the federal government, the Labor Department maintains an explicit policy for government shutdowns as a consequence of their frequency.
Today’s Most Read
1. It’s Time We Stopped Evaluating Managed Accounts from 2006
2. Hub Launches Retirement Select PEP
3. The Expansive Reach of the DOL’s Proposed Fiduciary Rule
Women’s Financial Health Hits 5-Year Low
Recent research from Ellevest examines 12 different indicators to track and understand women’s financial health.
Workers Worried About Inflation Are Delaying Retirement
A Nationwide Retirement Institute report shows a spike in workers who are feeling on ‘the wrong track’ for retirement.  
Webinar: Your HSA Questions Answered
Join PLANADVISER and industry experts for a webinar October 13 during which you will increase your understanding of health savings accounts by comparing features to those of defined contribution plans, learn how your plan sponsor clients can position HSAs on their menu of benefits, and hear tips for increasing employee engagement with HSAs. Register today.
Market Mirror Market Mirror Graph

Wednesday, the Dow won 548.75 points (1.88%) to end trading at 29,683.74, the Nasdaq gained 222.13 points (2.05%) to reach 11,051.636 and the S&P 500 spiked 71.75 (1.97%) to close at 3,719.04. The Russell 2000 extended 52.73 points (3.17%) to close at 1,715.24 and the Wilshire 5000 increased 810.42 points (2.23%) to close at 37,165.21.

 

The price of the 10-year Treasury note increased 1 7/32 bringing the yield down to 3.731%. The price of the 30-year Treasury bond increased 2 3/32 bringing the yield down to 3.687%.

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