Financial Markets

The Security and Exchange Commission’s Peirce shares views on climate-related disclosures, payment for order flow, and cost-benefit analysis for rulemaking.

Financial economist Andrew W. Lo became an ESG believer after developing a mathematical formula that quantifies the financial return on impact investing.

Circuit breakers are meant to calm the markets. But new research shows that they can backfire and create more volatility if not properly designed.

Retail investors often make poor choices when selecting mutual funds. Are complex disclosures to blame?

Retail investors are playing an outsized role in options markets. New research sheds light on how their behavior affects prices — and how much investors stand to lose.

Nobel Prize winner Robert Merton and other financial luminaries weigh in on target date funds, value stocks, and finding opportunity in crisis.

The average U.S. investor holds more of their wealth in the stock market than in prior decades — a trend drastically accelerated by target date funds.

“Climate risk is investment risk.” BlackRock CEO Larry Fink shares his thoughts on how to create a net zero carbon world by 2050.

For PanAgora’s chief investment officer, mining new data sources is central to an ESG investment strategy.