SEC Proposes to Scrap Pay-to-Play Rule for Advisers

Published on September 8, 2026

The SEC wants to rescind a 15-year-old rule curbing political donations by investment advisers, aiming to ease compliance burdens for RIAs.

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People Moves: RIA Beacon Pointe Hires Execs from BlackRock, Vanguard

September 8, 2026
In other moves, Glenmede hired four new executives from the bank-and-trust sector, $2 billion RIA Novare hired a legacy planner from Vanguard, and Citi Private Bank snagged an investment lead from Bank of America.

Record ETF Launch Pace & Innovation Defined August

September 8, 2026
The U.S. ETF market reached $16.4 trillion in AUM in August 2026, driven by record product launches and a defensive shift to Treasuries.