Consumer Confidence Retreats in June

Published on June 24, 2025

The Conference Board's Consumer Confidence Index® retreated in June, paring back nearly half of May's gains. The index fell 5.4 points to 93.0 this month, marking its sixth monthly decline in the past seven months.

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Seven Must Reads for This Week (June 24, 2025)

June 24, 2025
FINRA looks to make it easier for BDCs to access IPOs with an exemption from Rules 5130 and 51031 (b), reports AltsWire. Vanguard will restructure its advisory units into two wholly owned entities, according to Ignites.com. These are among the investment must reads we found this week for financial advisors.

House Passes Bill to Expand Accredited Investor Definition

June 24, 2025
The bill freezes the financial thresholds and allows investors with certain education or experience to be considered "accredited."      Related StoriesAdvisors Sue Focus Financial Over 'Staggeringly Overbroad' RestrictionsNorthern Trust Commits to Staying Independent After BNY ReportElevation Point Stakes $2.5B Ex-UBS Team