The new platform simplifies the benefit distribution process for retirement plans abandoned by sponsoring companies. The Department of Labor announced that the Employee Benefits Security Administration has introduced…
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House Judiciary Chair Requests Details on Companies’ Environmental Goals
Representative Jordan wrote to 130 investors regarding ESG in money management. House Judiciary Chair Jim Jordan wrote letters to 130 investors, requesting an explanation for their proposed environmental,…
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Commerce Department Reviews Progress of EU-U.S. Privacy Framework
Officials identify growth and record feedback after one year of implementation. The Department of Commerce took part in a joint review of the EU-U.S. Data Privacy Framework (DPF)…
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President Proposes Plan to Curb Corporate Landlord Pricing
He urges Congress to support legislation to cap annual rate increases at 5 percent. This week, President Joe Biden proposed a legislative plan that would have to be…
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Acting Labor Secretary Announces Apprenticeship Program Funding
The investment is intended to modernize, diversify, and expand the registered apprenticeship system. Acting Secretary of Labor Julie Su recently announced that $224 million has been released to…
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DOJ Announces Sentencing of Three Executives in Corporate Fraud Scheme
A health technology start-up company’s executive obtained roughly $1 billion fraudulently. The Department of Justice announced that three executives from a Chicago-based health technology company were sentenced for…
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SEC Launches Campaign to Promote Investor Protection
The educational initiative is meant to help investors avoid scams. The Securities and Exchange Commission’s Office of Investor Education and Advocacy has launched a public awareness campaign called…
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Supreme Court Agrees to Nvidia Class Action Appeal
The company calls allegations of misleading revenue statements “speculative litigation.” The Supreme Court agreed to hear an appeal filed by Nvidia, which claimed that a revived class action…
Read MoreDOE Releases its Federal Definition for Zero Emissions Buildings
The department provides an industry standard and guidance for new and existing structures. The Department of Energy (DOE) released its National Definition of a Zero Emissions Building, outlining…
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Treasury Department Requests Public Comment on Financial AI Policies
The agency seeks to increase understanding of current AI use within financial services. The Department of the Treasury recently released a request for information and insight on the…
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