What is Reg BI?

What is Reg BI?

A look at Regulation Best Interest. Recently, you may have heard that financial industry regulators established a new set of rules designed to guide investors who work with an investment professional. This new set of rules is called “Regulation Best Interest” rule,...
Will There Be A CARE Act Phase 4

Will There Be A CARE Act Phase 4

With the economy and financial markets flashing mixed signals, it’s no wonder that lawmakers are deadlocked on whether to pass a Phase 4 of the CARES Act. More than $3 trillion in stimulus has been pushed into the economy since March. Critics of a Phase 4 package say...
Will Political Changes Affect the Economy?

Will Political Changes Affect the Economy?

Election years cause some anxiety. With all of the storm and stress of the year 2020, you’d be forgiven if you momentarily forgot that we’re due for another national election in November. Many states will be selecting governors, representatives, and senators, while...
FOMC Raises A Special Interest Rate On Bank Reserves

FOMC Raises A Special Interest Rate On Bank Reserves

WASHINGTON (MarketWatch) – The Federal Reserve left its benchmark short-term interest rate unchanged again in January, but it did slightly raise a special reserve rate it charges to banks. The Fed reaffirmed its prior view that inflation is low and the economy...