Democratic bills address investor protection concerns related to the frenzy; Republicans warn against regulating ordinary investors out of the market.
In his first appearance on Capitol Hill since being confirmed as SEC chair, Gensler also addressed ESG and the gamification of investing.
The bill, which advances to the House floor with a strong bipartisan push, would raise the RMD age from 72 to 75, among many other provisions.
The bill, which builds on the SECURE Act, would raise the required minimum distribution age from 72 to 75 over 10 years.
Narrow Democratic majorities in the House and Senate provide plenty of political obstacles that could impede the president's tax plan.
The president marked his first 100 days in office on April 29 and has already introduced plans for sweeping legislation. Tell us what you think.
The regulator has extended its postponement of in-person arbitration proceedings through July 2, but says it expects to resume normal proceedings in some locations as coronavirus vaccinations increase.
Most state-level advisory firms are one- or two-person shops staffed exclusively by financial professionals.
She is another in a line of recent SEC enforcement directors who comes to the agency with experience as a federal prosecutor.
Rep. Patrick McHenry, R-N.C., accuses Democrats of trying to 'cater to the far left.' Democrats say ESG, diversity data is crucial.
