Newsom Pitches Software Tax to Raise Billions in New Revenue
By Eliyahu Kamisher and Andrew OxfordThe plan could raise $1.1 billion in state and local tax revenue in the upcoming budget year.
May 14, 2026
Ted Cruz Says Trump Accounts Could Replace Social Security. Retirement Pros Are Skeptical.Consultant Marcia Mantell said she was "livid" at the idea. But advisors' clients have long worried about trust fund solvency.
May 14, 2026
Long-Stalled Crypto Bill Wins Key Senate Committee VoteThe Senate Banking Committee advanced the Clarity Act, which would establish the CFTC as crypto's primary regulator.
May 14, 2026
Fired Edward Jones Advisor Sentenced to 3 Years for Nearly $1M FraudJohn S. Winslow bought his widowed client flowers and chocolate, then used her money to buy luxuries, authorities said.
May 14, 2026
NY Plans New Tax on City Homes Over $1M Bought With CashThe levy is expected to raise $160 million to help fill the city's budget hole.
May 14, 2026
Reg BI Cases Keep IncreasingFINRA brought more actions in 2025 than in previous years, an exec details at its annual conference.
May 13, 2026
Ex-LPL RIA Employee Sentenced to Life in Prison for Murdering Co-Worker, RoommateRamy Hany Mounir's Fahim's sentence includes no possibility of parole.
May 13, 2026
Life Settlement Firm Aims to Get 30% of Revenue From Wealth Advisors by 2030Abacus hopes experience with life expectancy forecasting will help with wealth transfer planning.