Dow Jones Top Financial Services Headlines at 12 AM ET: SEC Seeks to Scrap Best-Price Rule | Bankrupt ...
SEC Seeks to Scrap Best-Price Rule
The Securities and Exchange Commission said it wants to scrap a 2005 rule that calls for trading platforms to execute buy and sell orders at the best possible price.
----
Bankrupt Auto Financier PrimaLend Sued for Lending Fraud
Lawsuit alleges the auto-dealership lender acted as a conflicted adviser to offload its risk in a troubled $46 million auto-loan portfolio.
----
Charles Schwab Fires Latest Shot in ETF Fee War, Cutting Expenses to Near-Zero
The company's asset-management unit lowered costs for investors on four equity index funds.
----
ECB Becomes First Major Central Bank to Raise Rates Since Inflation Resurgence
The closure of the Strait of Hormuz and ensuing jump in energy prices has dramatically altered the paths for central banks around the world.
----
Citigroup Is Rolling Out Tokenized Shares of Private Companies
The bank hopes other financial institutions will become involved.
----
Morgan Stanley CEO Sets Sights on a $10 Trillion Wealth Management 'Juggernaut'
Ted Pick outlines an ambitious goal for Morgan Stanley's wealth management business, which is adding clients and assets thanks to what the company calls its "funnel."
----
Accounting Firm Crowe to Sell Stake to KKR in Nearly $3 Billion Deal
The private-equity giant and co-investors would take a majority interest in a firm long resistant to outside ownership.
----
Calpers Expands Role of Manager Who Led Private-Equity Revamp
The California Public Employees' Retirement System revived its private-equity program by swimming against the stream. Now it hopes the manager who led that turnaround can get the same results in other private asset classes.
----
See the VCs and Family Offices at the Core of the Mega IPO Wave
About three dozen investors, from Silicon Valley titans to a family office in Tampa, hold stakes in SpaceX, OpenAI and Anthropic.
----
Turkey's Central Bank Holds Rates Amid Elevated Energy Prices
The bank held interest rates for a third-straight meeting, citing high energy prices due to the conflict in the Middle East and weak domestic demand.
----
S&P Global Stock Has Been a Rollercoaster. Hold on Tight.
The stock has room to rebound even further, and is a buy at these levels.
----
Beyond AI: Where Value Funds Are Finding Bargains Now
Large value stocks are cruising past their growth counterparts this year. What's behind the revival-and where funds are finding the best value.
----
Financial Services Roundup: Market Talk
Find insight on Thai banks, Wise, Asian markets and more in the latest Market Talks covering Financial Services.
(END) Dow Jones Newswires
June 12, 2026 00:15 ET (04:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
3 Stocks to Sell and 3 Stocks to Buy for November
This Once-Hot AI Stock Now Looks Deeply Undervalued
The 10 Best Companies to Invest in Now
Tech Stocks Sell Off as Intel, Amazon Earnings Spook Investors
United States