What the CFPB Vacating the Open Banking Rule Means for Wealth Management

On May 30, the Consumer Financial Protection Bureau petitioned the U.S. District Court in Kentucky to…

IRS backs off Biden rule on partnership basis shifting

An IRS proposal to drop a Biden administration rule targeting basis-shifting strategies by complex partnerships is…

Banking groups ask SEC to drop cybersecurity incident disclosure rule

American banking and financial industry advocacy groups have petitioned the Securities and Exchange Commission to repeal…

Wall Street Brokers Face $30B Revenue Risk from ETF Rule Change

(Bloomberg) — A potential regulatory shift in favor of the ETF industry is expected to shake up the…

FINRA Says Outside Business Rule Changes Won’t Require Crypto Reporting

FINRA is pushing back on criticism of proposed changes to its rules on reps’ outside business…

Meet the 18-year-old dropout building the AI agent to rule them all

The AI-generated summary of my interview with 18-year-old startup founder Arlan Rakhmetzhanov reads like a synopsis…