Legislation
Breaking news and analysis on the latest legislation and activities affecting financial services from Capitol Hill.
Nationwide Exec to Senate: DOL Fiduciary Rule Would Hurt Workers
By Allison BellThe fiduciary fight is a "major distraction" from efforts to boost retirement savings, Eric Stevenson said.
February 21, 2024
New Ownership Reporting Rules Probably Apply to Your Small-Business ClientsOwners of existing businesses, including LLCs, must disclose ownership to FinCEN by Jan. 1.
February 21, 2024
Axcelus, John Hancock Top the Senate Finance Private Life RankingsRon Wyden, a critic, surveyed seven providers and collected data on the ultra-high-net-worth clients' policies.
February 16, 2024
The Case for Cutting High Earners' Social Security BenefitsCato Institute scholar Romina Boccia weighs whether cuts to wealthy retirees' Social Security benefits could preserve the program.
February 16, 2024
Trump Organization Hit With $365M Fine in Fraud TrialTrump is sure to appeal, potentially dragging out a final resolution of the case well beyond the November election.
February 16, 2024
10 Top Priorities for SEC and FINRA in 2024Here are the hottest topics among regulators this year, according to ACA Compliance Group.
February 15, 2024
Democrat Pushes for Middle Way at House Fiduciary Rule HearingRep. Donald Norcross, D-N.J., wants policymakers to protect retirement savers' access to good advice.
February 15, 2024
SALT Deduction Bill Fails Test Vote in HouseRep. Lawler, R-N.Y., said that, while disappointed, he'd keep up the fight for his bill.