Budget season is officially underway in Washington as the White House has proposed a $6 trillion federal budget for the next fiscal year.
ETF assets under management have soared in recent years to $6.6 trillion as of Dec. 31.
The SEC is weighing several bitcoin ETF proposals and is soliciting comments on applications from Fidelity and SkyBridge Capital.
House Democrats reintroduced bills to require retirement plan fiduciaries to take into account and explain how ESG factors are considered.
The SEC approved a Nasdaq proposal allowing companies to raise capital while also doing direct listings instead of initial public offerings.
President Joe Biden signed an executive order directing federal agencies to assess and mitigate financial risks related to climate change.
A bill that would forbid Thrift Savings Plan assets from being invested in Chinese companies has been introduced in the Senate.
A SECURE Act 2.0 package is making its way through the House with bipartisan support, but the bill's path forward is uncertain.
The SEC warned investors interested in mutual funds with exposure to the bitcoin futures market to weigh the risks carefully.
Jessica Wachter was appointed the SEC's chief economist and director of the division of economic and risk analysis.
Central banks in more than 50 countries are exploring issuing digital currencies.
Institutional investors are warming to the idea of investing in digital assets.
Two public pension funds in Virginia were the first asset owners to commit to a fund that invests primarily in blockchain technology firms.
The Labor Department's new investment-advice guidance makes clear that rollover recommendations will be a major focus moving forward.
Lawmakers and regulators called for legislation to provide a replacement framework for outstanding financial contracts tied to LIBOR.
A Trump-era investment-advice exemption was allowed to take effect in February, but the DOL signaled it has more work to do on the issue.
Treasury Secretary Janet Yellen has reconvened a hedge funds task force, seeking to identify risks and strengthen the U.S. financial system.