The House Education and Workforce Committee held a mark-up of several proposals, including four bills.
Several bills have been introduced in the House of Representatives that would make amendments to the Employee Retirement Income Security Act of 1974 (ERISA).
The Securities and Exchange Commission (SEC) has issued a proposed rule to address cybersecurity risks.
A resolution for congressional disapproval of the Department of Labor’s rule “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights” passed the House in a 216-204 vote.
The Securities and Exchange Commission (SEC) has issued a proposed rule “Safeguarding Advisory Client Assets.”
The Securities and Exchange Commission (SEC) has issued a final rule “Shortening the Securities Transaction Settlement Cycle.”
Effective February 1, 2022, the federal prime interest rate increased from 7.50 percent to 7.75 percent.
In this latest guidance, the DOL amends the “Investment Duties” regulation.
The SEC proposed rule titled, Open-End Fund Liquidity Risk Management Programs and Swing Pricing; Form N-PORT Reporting, has been published in the federal register.
The DOL’s final rule titled Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights has been published in the Federal Register.