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Seeking Best Execution: Understanding The SEC’s Expectations For Advisors To Deliver Best Outcomes For Clients

Nerd's Eye View

Notably, much of the language from the 1986 SEC Interpretive Release was later reiterated in a 2018 SEC Risk Alert and a 2019 SEC Interpretation. The SEC, in its interpretive release, sets an expectation of "periodic and systematic evaluation" (i.e.,

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Market Commentary: Strong Jobs Report Gets the “Good News Is Bad News” Treatment

Carson Wealth

Thats running at a solid 170,000 per month, versus an average of 166,000 in 2019. million in 2023 but well in the ballpark of what we saw in 2017-2019 (2.1 in 2018-2019. in 2018-2019). increase in 2019, but the current pace is down from 3% a year ago. Compliance Case # 7521978.1._011325_C Thats up from 3.7%

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Market Commentary: Seasonal Tailwinds Ahead, but First an Election

Carson Wealth

In 2019, monthly job growth averaged 166,000 but we saw four months with 100,000 or fewer jobs created. The 2017-2019 pace was 3.1%.) Keep in mind that the Fed was easing rates even in 2019, amidst a solid job market. Right now, the three-month average of July-September job growth is 148,000 (ignoring October).

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: SEC charges crypto exchange Bittrex and former CEO with flouting securities laws

MarketWatch

“Today’s action, yet again, makes plain that the crypto markets suffer from a lack of regulatory compliance, not a lack of regulatory clarity,” said SEC Chair Gary Gensler, in a statement. “As The SEC said former CEO Shihara, who ran the company from 2014 to 2019 earned $130 million in compensation from his time at Bittrex.

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Market Commentary: Stocks Stall but More Signs Inflation Has Normalized

Carson Wealth

Still, lets focus on where excess inflation is coming from for CPI and compare the November data to December 2019 (when headline and core CPI were up 2.3% in December 2019. Thats adding 0.52%-points to excess headline CPI relative to December 2019, and 0.65%-points to excess core CPI. y/y versus the 2018-2019 average of 3.7%.

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Market Commentary: Stocks Hit New Highs Amid a Year of Milestones

Carson Wealth

For reference, the 2019 average was 166,000. 6 million level we saw in 2018-2019. million level we saw in 2018-2019. Compliance Case # 02542778_120924_C The post Market Commentary: Stocks Hit New Highs Amid a Year of Milestones appeared first on Carson Wealth. Hires fell to 5.3 million in October, well below the 5.5-6

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Extracting Actionable Takeaways From The SEC’s Staff Bulletin Regarding An RIA’s Standard Of Care

Nerd's Eye View

In 2019, the SEC released a Commission Interpretation that separated the obligation of RIAs to act in their clients' best interests into separate duties of care (to provide investment advice in the best interest of the client) and loyalty (to eliminate or disclose all potential conflicts of interest with the client).