U.S. Sen. Bill Cassidy, M.D. (R-LA) and U.S. Rep. Virginia Foxx (R-NC) are urging the Department of Labor (DOL) to cease any further action to amend the definition of an investment advice fiduciary. ...
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U.S. Sens. Marsha Blackburn (R-TN) and Tom Cotton (R-AR) introduced legislation that would require investment advisors and retirement plan sponsors to focus primarily on financial factors, such as max...
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The U.S. Department of Health and Human Services is recommending that the U.S. Drug Enforcement Agency (DEA) move marijuana from Schedule I to Schedule III under the Controlled Substances Act. Sche...
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The Securities and Exchange Commission (SEC) today settled cease-and-desist proceedings against Citigroup Global Markets for violating recordkeeping requirements. Recordkeeping requirements of the ...
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The Commodity Futures Trading Commission (CFTC) settled charges against Goldman Sachs for violating the cease-and-desist provision of a prior order as well as recordkeeping violations in connection wi...
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The board of the Federal Deposit Insurance Corporation (FDIC) proposed rules this week to strengthen resolution planning for insured depository institutions (IDIs). First, the FDIC’s proposed IDI...
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U.S. house prices climbed 3 percent in the second quarter, compared to the second quarter a year ago, according to the Federal Housing Finance Agency (FHFA) House Price Index. Compared to the firs...
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The Consumer Financial Protection Bureau (CFPB) reached a settlement with the largest credit repair companies in the country for violations related to telemarketing and collecting advanced fees. S...
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A group of Republican House leaders are voicing their objections to the Federal Reserve related to the establishment of a regulatory framework for payment stablecoins. The lawmakers, led by Rep. ...
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The U.S. Treasury Department issued a report this week that examines the role that labor unions play in the economy. The report, conducted by the Treasury’s Office of Economic Policy, finds that ...
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