Trump’s One Big Beautiful Bill Act Ends SEC Fund Used For In-House Tech Needs

Published on July 11, 2025

The agency established the Reserve Fund in the wake of the Great Financial Crisis. One investor protection advocate called its cancellation “the opposite of good governance."

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Commonwealth Loses A Dozen Advisors to Rival Broker/Dealers

July 11, 2025
As the LPL acquisition of Commonwealth nears completion, a handful of advisors have chosen to affiliate with other broker/dealers or start their own firms.

Private Credit Lures the Ultra-Rich Sitting on $3.1T

July 11, 2025
Family offices represent a vast pool of capital and are increasingly seeking new sources of returns.       Related StoriesRBC Recruits $1.7B Ex-UBS Team for New Downstate NY BranchCitigroup, AssetMark to Expand in Charlotte and Add 762 New JobsEx-Merrill Advisor Accused of Stealing Nearly $2.6M From Retired Miami Dolphin