The number of pro bono legal clinics for retail investors harmed by bad investment advice has fallen dramatically over the past decade, leaving many small-dollar claimants to face arbitration panels alone or, more often, do nothing at all.
Despite the challenges of merging and acquiring financial businesses, having the right practices, processes and technology can make for a smoother journey. Here’s how to navigate the landscape.
The final rule includes language that clarifies plan fiduciaries can base decisions on factors they deem relevant, including “the economic effects of climate change and other ESG considerations.”
Join this complimentary webinar on Nov. 29th for a compliance and product expert-led discussion regarding best practices and key considerations for seeking out proven solutions.
The SEC said the Goldman Sachs Asset Management unit “had several policies and procedures failures involving the ESG research its investment teams used to select and monitor securities.”
So far in 2022, more than $446 billion has been withdrawn from US fixed-income mutual funds, a record exodus. About $154 billion has poured into bond ETFs instead.
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