Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Independent Contractor Status a 'Heavy Focus' for FSI Advocacy
By Melanie Waddell"There's still an awful lot of work to do on this [independent contractor] issue," FSI general counsel David Bellaire said.
July 22, 2021
New Bill Reshapes Retirement Saver's Credit Into 401(k), IRA Matching ContributionThe legislation also includes a bonus credit of up to $5,000 for money saved over the next five years.
July 20, 2021
New Senate Bill Would Overhaul Pass-Through Tax DeductionThe Small Business Tax Fairness Act, introduced by Sen. Ron Wyden, would phase out the deduction for high earners and expand eligibility.
July 19, 2021
Bipartisan House Bill Says Digital Tokens Are Not SecuritiesRic Edelman and Matt Hougan applauded the bill.
July 15, 2021
Lawmakers Revive Bill to Prevent Corporate Insider TradingThe bill would fix a loophole allowing corporate executives to trade on information before it's disclosed to the public.
July 12, 2021
Should Congress Cap Roth IRA Balances?As lawmakers mull IRA limits, planner Jeffrey Levine proposes a solution.
July 08, 2021
House Panel Crafting Bill to Limit IRA SavingsCiting Peter Thiel's $5B Roth IRA, Ways and Means Chairman Neal tells ThinkAdvisor he's working on legislation to "stop IRAs from being exploited."
July 07, 2021
Bipartisan Bill Would Extend Private Equity to the Mass MarketThe Increasing Investor Opportunities Act allows closed-end funds to invest in private equity funds.