The Massachusetts senator is asking Greenidge Generation how its Bitcoin mining operations will affect climate change and the local environment.
At a meeting of the SEC Investor Advisory Committee, SEC Chair Gensler says many digital tokens are securities and fall under its jurisdiction, while Commissioner Peirce says agency is applying 'strategic ambiguity' to pursue enforcement first.
The key is for funds to be transparent about their investment strategies and live up to them, panelists at the InvestmentNews ESG Summit said.
Plaintiffs in a 2020 class-action lawsuit claimed the school failed to select competitive investments and administrative services.
VCA participants paid annual record-keeping fees of up to $105, while some comparably sized 401(k)s have fees closer to $38, plaintiffs claim.
Allianz's chief economic adviser suggests the central bank 'ease your foot off the accelerator starting now.'
The Labor Department's Employee Benefits Security Administration recovered about $2.4 billion in fiscal 2021, down from $3.1 billion a year prior.
WestPark Capital's information in the sale of $3.9 million worth of promissory notes was faulty, according to the regulator.
Joint Committee on Taxation data show that while millionaires collectively would pay a higher tax rate under the Build Back Better Act passed by the House, those earning at least $1 million would collectively pay $46.8 billion less in taxes.
Southcoast Hospitals Group is one of many retirement plan sponsors targeted last year in class-action litigation brought by law firm Capozzi Adler.
The House Financial Services Committee approved by voice vote legislation to jump-start a state grant program. A backer is optimistic about its Senate prospects.
The agency issued a risk alert and deficiency letters to almost all of the robo-advisers examined, citing shortcomings in how the companies manage portfolios and disclose conflicts. The alert could signal future enforcement actions.
The second four-year term for Jerome Powell rewards him for his work rescuing the economy from the pandemic and tasks him with protecting that recovery from surging prices.
State auto IRA programs, seen as a potential boon for small plan providers and PEPs, are supported by a majority of Democrats and Republicans, a recent survey found.
The House measure lifts the cap on state and local tax deductions to $80,000 from the current $10,000 limit, while a Senate proposal would cap the deduction based on income.
The agency seized $3.5 billion worth of cryptocurrencies in fiscal 2021, accounting for 93% of all assets seized, and an IRS official says he expects that trend to continue next year.
The agency filed 434 new cases in fiscal 2021, while ordering $3.9 billion in penalties and disgorgement, down from $4.7 billion in fiscal 2020.
In a recent speech, SEC Commissioner Allison Herren Lee pointed out how the annuity rule differs from Reg BI on mitigating conflicts of interest.
Democrats back the legislation, but Republicans are united against it. While the measure was passed by a House committee, an advocate calls winning congressional approval a 'Herculean task.'
The regulator is considering how to utilize in-person and remote participation to capture 'the best of both worlds,' CEO Robert W. Cook said.
