Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Bipartisan House Bill Says Digital Tokens Are Not Securities
By Bernice NapachRic Edelman and Matt Hougan applauded the bill.
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.
July 01, 2021
Who Can Regulate the Crypto Market?A House subcommittee hearing explored whether regulators have the power to police this sprawling market or congressional action is needed.
June 30, 2021
Standing Up for Advisors' Independent Contractor StatusThe PRO Act, being considered by the U.S. Senate, would impose a stringent worker classification test on indie advisors.
June 24, 2021
Secure Act 2.0 Is Popular, but Not Perfect, Retirement Experts SayA politically diverse array of retirement wonks testified in Congress about provisions they wish the bill had, or didn't have.
June 24, 2021
Lawmakers Revive Annual Social Security Statement BillThe bill clarifies the requirement for SSA to mail an annual Social Security statement to all workers 25 and older.
June 24, 2021
Biden Says He Has $559B Infrastructure DealSuccess also will hinge on whether Biden can assure progressive Democrats in the House and Senate.