The Securities and Exchange Commission (SEC) adopted Regulation SE to create rules for the registration and regulation of security-based swap execution facilities (SBSEFs). The new regulatory fram...
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U.S. Sen. Tim Scott (R-SC) introduced a legislative proposal designed to open up capital markets and generate economic growth. The Empowering Main Street in America Act seeks to help entrepreneurs...
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The Internal Revenue Service (IRS) announced last week that it would extend some popular temporary flexibilities set to expire. The acceptance of digital signatures, the agency said, will be exten...
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The Treasury Department’s Federal Insurance Office (FIO) has begun the initial phases of the process of collecting data from insurers to assess climate-related financial risk to consumers. FIO’...
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U.S. Sen. Thom Tillis R-NC) is among a group of lawmakers urging the Consumer Financial Protection Bureau (CFPB) and the Attorney General to reconsider their joint statement on lending discrimination ...
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As part of its efforts to protect U.S. consumers, the U.S. Department of Labor announced Tuesday that it has proposed updating the definition of an investment advice fiduciary under the Employee Retir...
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U.S. Reps. French Hill (R-AR) and Byron Donalds (R-FL) introduced a bill that seeks to end the Federal Reserve’s dual mandate of promoting maximum employment and price stability so that it can focus...
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The chair of the Senate Finance Committee, U.S. Sen. Ron Wyden (D-OR), is asking the Internal Revenue Service (IRS) to detail how proposed budget cuts would hurt efforts to crack down on funding for H...
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U.S. Rep. Andrew Garbarino (R-NY) introduced legislation this week that seeks to ensure that flood insurance policyholders receive swift and accurate advance payments on claims. Specifically, the E...
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According to the Primerica Household Budget Index (HBI) the average purchasing power for middle-income households in September increased. The HBI was 99.3 percent, up from 97.4 percent in August; ...
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