SEC Chairman Clayton says mom and pop investors should shy away from these investments

SEC Chairman Clayton says mom and pop investors should shy away from these investments  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  VIEW IN BROWSER | SUBSCRIBE WED, OCT 21, 2020 YOUR WEALTH Editor's Note To say that navigating this year has been challenging for financial advisors and their clients amid the worldwide coronavirus pandemic is, well, a huge understatement. It's been at times frightening, unprecedented (really true for once) and unexpected, and it remains unclear when life will return to normal, whatever that may look like in the coming months and years. To help make sense of it all, CNBC presented the 2020 CNBC Financial Advisor Summit this week, celebrating the industry's top 100 advisors along with a day packed with thought-provoking discussions on the topics you need to help your clients through these trying times. Kicking it off was a conversation with SEC chairman Jay Clayton. Other sessions included building a post-Covid portfolio, navigating changes to the 401(k) and how to make smart Social Security claiming decisions. And if you missed this year's event, we'll be recapping it all here on the FA 100 channel, so be sure to check back frequently for news you don't want to miss. In other items, this week we compare the Trump and Biden campaign positions on various money issues such as taxes, Medicare, student debt and more. It's a great way to get up to speed on these critical topics before Nov. 3. For more key stuff like this, please follow me on Twitter @jimpavia and check out CNBC's Financial Advisor Hub and CNBC + Acorns Invest in You: Ready. Set. Grow. Jim Pavia @JIMPAVIA SEC Chairman Clayton says mom and pop investors should shy away from these investments Flavor-of-the-month types of investments make SEC chairman Jay Clayton nervous, he said at a CNBC event Tuesday. Don't call it a fad. Ethical investing is here to stay With billions of dollars pouring into ESG investments — a strategy that weighs a company's environmental, social and governance factors — it's unlikely this trend will be going away any time soon, according to speaker's at the 2020 CNBC Financial Advisor Summit on Oct. 20. Why embracing diversity, equity and inclusion matters to financial advisor firms As more Americans push for diversity, equality and inclusion in the world around them, financial advisors are finding ways to adapt, speakers told attendees at the 2020 CNBC Financial Advisor Summit on Oct. 20. Thinking about tapping your 401(k) due to Covid? Here's what you need to know The CARES Act made it much easier for Americans to draw down their retirement accounts through coronavirus-related distributions or loans. Here's what to know before taking money out of a 401(k), according to participants at the 2020 CNBC Financial Advisor Summit. Here's where Biden and Trump stand on your taxes The final debate between President Donald Trump and Democratic contender Joe Biden is set for Thursday. Here's what you should know about their tax plans. Trump vs Biden on Medicare: How each wants to modify the insurance program President Donald Trump has taken steps to ease certain costs for Medicare beneficiaries and has proposed other changes, while Democrat challenger Joe Biden has some ideas of his own for the program. For student loan borrowers, the differences between a Trump and Biden presidency Whether Trump or Biden wins the presidency may have a significant impact on the country's 42 million student loan borrowers. Here's how the candidates' approaches differ. This comic was $2 short of getting Trump's $300 weekly unemployment benefit. Now, he's on the edge of financial ruin Roughly 6% of workers collecting unemployment insurance from their state didn't get the $300 weekly aid because they fell below the $100-a-week threshold, according to an initial estimate from Eliza Forsythe, a labor economist and assistant professor at the University of Illinois. Here's how long it could take for Americans to get more government help if stimulus talks fail Washington lawmakers are working to hammer out a potential compromise on stimulus aid that has preoccupied them for months. The outcome of those talks will determine how soon Americans will receive more financial help. Op-ed: Here are year-end planning tips for employees getting equity compensation If you're an employee who receives equity compensation, you can't ignore the importance of year-end financial planning to get the most out of that benefit. Are investors getting smarter? "Ben says yes, investors are getting smarter. His evidence is the fact that a market sell-off of 35% brought in millions of new investors, arriving as they did, all at once, as though prompted by a divine thunderclap from the skies ..." CONTRIBUTORS Sharon Epperson @sharon_epperson Josh Brown @ReformedBroker Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel   Digital Products Feedback Privacy Policy CNBC Events   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS