As the political backlash against sustainable investing continues, a coalition of more than 250 investors and businesses are calling on policy makers to protect their freedom to invest responsibly. “Building profitable businesses and portfolios demands an analysis of all major financial risks—— from inflation to climate change——and policies to limit that simply defy responsible investing ...

The Securities and Exchange Commission is proposing new rules for registered investment advisors to safeguard their clients’ personal information. The proposed update would modify the SEC’s existing privacy rule, Regulation S-P, to require advisors, brokers, and investment companies to issue notifications in the event of a data breach that could leave clients vulnerable to identity ...

About the author: Paul Andrews leads the Research, Advocacy, and Standards group at CFA Institute. Not that long ago, state legislators of various stripes told their state pension systems they must immediately divest of any portfolio investments tied to companies doing business in South Africa. The apartheid debate was front and center for nearly every ...

Banks recovered in early trading Tuesday after suffering the biggest losses in three years on concerns that the collapse of Silicon Valley Bank will create contagion.  Regional banks such as First Republic Bank (ticker: FRC) and Western Alliance Bancorp (WAL), which dropped 62% and 47% yesterday, respectively, bounced back 43% and 30%. Shares of Comerica ...

An exorbitant privilege or a curse? Both terms have been used to describe the U.S. dollar’s unique status as the world’s primary reserve currency. It’s the main medium of exchange for global trade and finance, and the premier store of value for financial institutions and corporations around the world, as well as for individuals abroad ...

Russia is a key supplier of many major commodities, but supply issues weren’t quite as catastrophic as some had expected following its invasion of Ukraine a year ago. “Given Russia’s vast amount of natural resources, the impact on the commodity sector from the war in Ukraine remains material,” says Jeremy Thurm, senior credit research analyst ...

Electric vehicle maker Lucid was shut out of the government’s new purchase tax credits for consumers buying an EV. The company decided to do something about that. Investors aren’t so sure they like it. They are taking some profits after a run that had Lucid (ticker:LCID) stock outperforming Tesla (TSLA) shares. Lucid Group (ticker: LCID) ...

After a decadelong struggle for trading volume, stock exchanges have mostly lost the trades of individual investors to a half-dozen off-exchange market makers like Citadel Securities and Virtu Financial . These wholesale market makers now process a quarter of all stock trades, which they get from retail brokers like Charles Schwab and Robinhood Markets . ...

After a decadelong struggle for trading volume, stock exchanges have mostly lost the trades of individual investors to a half-dozen off-exchange market makers like Citadel Securities and Virtu Financial . These wholesale market makers now process a quarter of all stock trades, which they get from retail brokers like Charles Schwab and Robinhood Markets . ...

President Joe Biden called for a 4% tax on corporate stock buybacks in his State of the Union address Tuesday night.  The proposal would quadruple the current 1% buyback tax, which was passed as part of the Inflation Reduction Act last August and took effect at the beginning of this year. But with Republicans controlling ...