If tariff plans go through, a recession is on the horizon, Morgan Stanley analysts warn.

Although most broker/dealers have policies and procedures in place to address these products, firms need to improve the suitability review and add more controls around holding periods, NASAA says.

The San Mateo, California-based asset manager wants to start a new exchange-traded fund that will invest in equities, debt, commodities and currencies -- rather than allocating to one asset class.

STA Investment Alliance will offer research, manager vetting and investment strategies in alternatives for a handful of third-party firms.

Central bankers voted, with two officials dissenting, to lower the target range for the benchmark rate by a quarter-percentage point to 2%-2.25%.

BP Capital Fund Advisors LLC plans to revamp an oil-focused exchange-traded fund with a shift to renewables in mid-August.