The next frontier for tax optimization goes beyond tax-loss harvesting.

The SEC’s order pertained to collateralized mortgage obligations held in 20 advisory accounts, including 11 mutual funds.

Inspire Investing will pay $300,000 to settle allegations that its process did not support its claims of using a “data-driven” approach to biblically responsible investing.

“Indexing is never going to be the best strategy in the space, and it will hold a lot of dead capital and dead coins. But it’s going to get you the beta,” said Bitwise’s Matt Hougan at Future Proof.

Rate hikes and regulatory scrutiny are the top concerns.

Advisors have been instituting these strategies for months as today’s 50bps interest rate cut had been widely anticipated.