Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
House Financial Services Committee OKs Annuity Bill
By Allison BellH.R. 4865 could create a simpler registration process for registered index-linked annuities.
July 28, 2022
New Tax Deal Is a Bill the Markets 'Can Live With': Valliere"No one in Washington — including us — saw this coming," said Greg Valliere, chief U.S. Policy Strategist for AGF Investments.
July 28, 2022
Manchin Spurns SALT-Cap Expansion in Economic Agenda BillThe writeoff is politically important in high-tax areas including New York, New Jersey and California.
July 21, 2022
House Again Asks SEC for an Index-Linked Annuity Filing FormThe House attached similar pleas to the 2020 and 2021 appropriations packages.
July 21, 2022
Bill to Require SEC Investor Testing Is RevivedInvestor testing would be required prior to issuing disclosure rules for retail investors.
July 21, 2022
Sanders' Tweet on Power of Vanguard, BlackRock, State Street Raises EyebrowsFinancial pros piled on after Sanders called the firms' index fund holdings "obscene." But politicians on both sides have concerns.
July 18, 2022
Defense Bill Could Help Cannabis Workers Save for RetirementThe NDAA bill includes the text of the SAFE Banking Act legislation, according to the Insured Retirement Institute.
July 18, 2022
2 Ways Secure Act 2.0 Could Help Small BusinessesA "Starter 401(k)" provision would give the smallest businesses an entry point to helping employees save for retirement.