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

Published on 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.

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Richmond Fed Manufacturing Activity Remained Soft in June

June 24, 2025
Fifth district manufacturing activity remained soft in June, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index rose two points this month to -7, remaining in negative territory for a fourth straight month. This month's reading was higher than the forecast of -10.

Consumer Confidence Retreats in June

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.