Lead Editor: Sean McMahon

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SmartBrief brings you all the latest news from every corner of the financial services sector. When you need more intel about how market trends and policymakers are going to affect you and your business, SmartBrief has you covered.

How to follow the 60-day IRA rollover rule


  • InvestmentNews (free registration)

A cash distribution from an individual retirement account generally must be put into a receiving account within 60 days for a rollover to be valid, writes Ed Slott, CPA. It can't be used to buy proper… Read More

Freddie Mac CMBS deal shows rise of student housing sector


  • Wall Street Journal (tiered subscription model), The

This month Freddie Mac sold $734.5 million in commercial mortgage-backed securities, with more than 80% of the loans for student housing owned by landlord Kayne Anderson. The deal highlights investor… Read More

Stressed Chinese banks turn to bundling


  • Taipei Times (Taiwan), The

The Western practice of bundling bad loans as securities to get them off the books is being adopted by some Chinese banks amid a rising wave of defaults. Analysts warn that the tactic may obscure th… Read More

SEC approves JOBS Act rules on public offerings for small companies


  • Washington Post (tiered subscription model), The

The Securities and Exchange Commission has adopted rules simplifying the process that small businesses can use to raise up to $50 million through public offerings. Congress instructed the SEC to write… Read More

Mass. plans to request federal disaster aid for winter-storm recovery


  • Telegram & Gazette (Worcester, Mass.)

Massachusetts Gov. Charlie Baker is expected to pursue a federal disaster declaration for 10 counties as the state faces an estimated $400 million in damage and snow-removal expenses. The state hopes … Read More

Study: Auto-title loans burden borrowers


  • Wall Street Journal (tiered subscription model), The

Auto-title loans, which are available in 25 states, cost borrowers an average of $1,200 in fees for loans of around $1,000, according to a report by the Pew Charitable Trusts. The loans, used by about… Read More

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