Displaying items by tag: SEC
The Treasury’s Big New Regulation
(Washington)
While dancing around the subjects for the past couple of years, the chief financial regulators have finally announced a regulation…see the full story on our partner Magnifi’s site
Return to Original DOL May Be Imminent
(Washington)
Speculation is running rampant in the wealth management…see the full story on our partner's site
Here is When a New Fiduciary Rule Will Hit
(Washington)
A new fiduciary rule has been in the back of all advisors’ minds for several months now. In February…see the full story on our partner Magnifi’s site
Biden Planning Big New Regulatory Push
(Washington)
The Biden admin is tackling some of the changes made during Trump's administration, particularly to…see the full story on our partner Magnifi’s site
Biden’s Big Regulatory Onslaught Begins
(Washington)
The Biden admin is tackling some of the changes made during Trump's administration, particularly to environmental social governance, fair lending, and consumer protection rules. The administration will not allow a set of measures that disincentivize ESG factors by shareholder voting restrictions. They have also reinstated the Consumer Financial Protection Bureau’s ability to seek monetary penalties for abusive practices and expanded the Equal Credit Opportunity Act to gender and sexual orientation protection. Finally, the administration reinforced the SEC’s ability to investigate and subpoena companies and individuals for investigation. These measures are just some of the ways the new administration is changing the regulatory landscape.
FINSUM: These regulations could have a profound impact on companies in the near and long term. One result is more definite, that this is just one more of many ways that the Biden Admin is incentivizing ESG.