Regulation
SEC Rescinds Longstanding “No-Deny” Settlement Policy
The Securities and Exchange Commission said it has rescinded a decades‑old policy that barred set...Read more
SEC, CFTC Propose Form PF Overhaul to Ease Private Fund Reporting Burden
The Securities and Exchange Commission and Commodity Futures Trading Commission have jointly propos...Read more
DOL Signals ERISA Oversight of Proxy Advisors in New Guidance
The U.S. Department of Labor has escalated regulatory pressure on proxy advisory firms, issuing new...Read more
House Passes INVEST Act Aimed at Expanding Accredited Investor Access
The House of Representatives has approved a wide-ranging capital formation package that would loose...Read more
IRS Boosts 401(k) Contribution Limit to $24,500; IRA Limit to $7,500
The IRS has announced that employees participating in 401(k), 403(b), most 457 plans...Read more
$129B Ex-Merrill Lynch Breakaway Team Launches, Wirehouse Sues Schwab and Dynasty
A mega-team of financial advisors was sued by Merrill Lynch after they left the wirehouse, where...Read more
SEC Extends Private Fund Disclosure Rule Compliance to 2026
The Securities and Exchange Commission (SEC) voted 3 to 1 last Wednesday to extend the deadline for...Read more
DOL Moves to Rescind 2024 Independent Contractor Rule Amid Legal Challenges
The Department of Labor (DOL) announced it will replace the current Independent Contractor Rule, wh...Read more
Industry Groups Urge DOL to Issue Interim Guidance on Alternatives in DC Plans
Several major industry associations have asked the Department of Labor (DOL) to issue temporary sub...Read more