Adhesion Wealth: Model Marketplace vs TAMP

Former Merrill Lynch Advisor Settled SEC Charges That He Defrauded Clients

A former Merrill Lynch advisor has settled SEC charges that he defrauded clients out of nearly $3 million through a non-existent private-equity fund.

Bessent Says Fed ‘A Little Off,’ Flags Signal From Two-Year Rate

Treas. Sec. Bessent questioned Fed policymakers’ judgment on interest rates, reiterating two-year Treasury yields are signal benchmark rate too high.