Displaying 30 results
Bill to end mandatory arbitration faces steep climb in Senate
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.'
House panel to vote on increasing family office oversight
The legislation, written by Rep. Alexandria Ocasio-Cortez, D-N.Y., would require family offices with more than $750 million in AUM to register with SEC.
House approves legislation requiring ESG disclosures
The Democratic majority barely prevailed, while SEC Commissioner Allison Herren Lee said the agency could propose a climate-risk rule by year-end. The vote came a day after a Securities and Exchange Commission deadline for public comment.
Rep. Casten pushes climate disclosure bill to strengthen SEC’s hand
The legislation advances to the House floor as the SEC is taking public comments on increasing ESG reporting requirements.
GameStop legislation causes partisan fissures
Democratic bills address investor protection concerns related to the frenzy; Republicans warn against regulating ordinary investors out of the market.
Climate-risk disclosure bill faces tough legislative path
The measure, written by Democratic lawmakers, will have a hard time finding Republican votes. But it does send a signal of support to the SEC for tougher ESG oversight.
Robinhood, Citadel CEOs spar with lawmakers over retail trading
At a Financial Services Committee hearing, House Democrats pressed the leaders of Robinhood and Citadel on whether they're profiting at the expense of retail investors
SIFMA wants new SEC to give Reg BI time to work
The major financial industry group said the current agency has vowed for tough enforcement of the rule
House approves funding bill with provision to kill SEC’s private markets proposal
Advocates for alternative investments oppose the provision, which is not likely to survive in the Senate
Financial services deals meet resistance from Democratic lawmakers
Schwab's acquisition of TD Ameritrade and Morgan Stanley's deal for ETrade have elicited criticism from Sen. Sherrod Brown and Rep. Maxine Waters
