The Glass-Steagall Act was passed in 1933 to place a dividing wall between commercial banking and investment banking. It was in an effort to protect consumers and the economy from the risks of speculative investment banking.
JP Morgan and other large institutions were targeted. The act was partially repealed and replaced in 1999 by the Gramm-Leach-Bliley Act. After 2008, some opined that the repeal of the original act contributed to the financial crises, and they instituted the Volcker Rule, which reinstated part of the original Glass-Steagall act.
A new 21st Century Glass-Steagall Act has been introduced, but its outcome may hinge on the 2016 election, as of the time of this writing.
General market ETFs seek to capture the movements of the market as a whole by tracking major market indices
ETF screener & database, analysis, and ratings. ETFs are a basket of securities that you can buy or sell through a brokerage firm on a stock exchange.
A bear call spread seeks to make money on the sale of call options but does not believe the underlying security will increase
Contributions are generally limited to 25% of employee compensation, but a small addition amount may be contributed for
As a general rule, it is wise to have Life Insurance when you are a main source of income for your family
A Dividends Received Deduction (DRD) is a tax deduction available to corporations when they are paid dividends from...
Account activity is any credit or debit activity in a checking or savings account, or dividends in an investment account
Markets are said to experience cycles of various length and magnitude. Some stocks are known as cyclical stocks...
The direct cost of materials and labor are a good example of variable costs that will fluctuate with production levels
Even if you are in the seller’s position in this situation, and are seeking to “capture” the dividend, you have to...