Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
New Retirement Bill Expands 403(b) Fund Menu
By Melanie WaddellThe bill would allow 403(b)s to invest in "lower-cost" options available in other types of retirement plans.
May 01, 2023
Senate Notarization Bill Could Simplify Digital BusinessA California notary group worries it could increase the risk of identity theft.
April 28, 2023
New Bill Seeks to Clarify Independent Contractor StatusThe Financial Services Institute cheered the bill, saying it would protect the status of independent advisors.
April 27, 2023
Debate: Should Accredited Investor Rules Be Loosened?Our tax experts discuss whether lowering the requirements to qualify as an accredited investor would benefit average Americans.
April 27, 2023
House Panel Passes Accredited Investor BillsOne of the bills would deem clients of investment advisors who receive individualized advice to be accredited investors.
April 27, 2023
House Panel Passes E-Delivery BillThe bill requires the SEC to write a rule allowing financial firms to deliver documents in digital format.
April 26, 2023
House Passes Debt-Limit Bill That Trims Social Security Administration BudgetThe bill, unlikely to pass in the Senate, would "responsibly raise the debt limit," said Rep. Patrick McHenry.
April 26, 2023
Social Security Administration Would Face 23% Cut Under GOP Debt Ceiling Bill: LobbyistSuch a cut would produce "longer wait times for benefits and to reach SSA representatives," says Max Richtman.