Coca-Cola and Delta Airlines — both headquartered in Atlanta — have come out against the bill, as have many other corporations. That has drawn backlash from Republican lawmakers, including U.S. Senate Minority Leader Mitch McConnell.
The SEC and other regulators want to keep firms and advisers on their toes — and toeing the line.
There's a sense of urgency to make moves to take advantage of today's low tax rates because they may be going up soon. A $2.3 trillion package contains a proposal to increase the corporate tax rate from 21% to 28%.
The companies are concerned about bias on the arbitration panel. But an attorney for the claimants said the two failed to warn investors of red flags detected in their accounts.
The CFP Board has spent $10 million each year on the campaign since its launch in 2011. The campaign is funded by an additional $12 per month that is added to the annual CFP certification fee.
State and federal GOP officials continue to push back against what they call regulatory overreach. The SEC says it is trying to meet investor demand for ESG information.
The move follows Schwab’s decision to shut down its corporate political action committee following the Jan. 6 violence at the Capitol.
Are Goldman Sachs' assertions that its 'clients' interests always come first' generic and aspirational or could they be the basis for a class-action suit?
The site is part of the agencywide response to what the SEC says is soaring demand from investors for information about climate and ESG issues.
During her first three years on the commission, Peirce was part of a Republican majority. With the likely confirmation of Gary Gensler as SEC chair, Democrats will have the edge.
