
Tracey Longo
Columnist and Washington Editor at Financial Advisor
Washington Editor, Financial Advisor Magazine https://t.co/PNfIyPW8o8. Free speech absolutist.
Articles
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1 week ago |
fa-mag.com | Tracey Longo
A House of Representatives panel has released draft legislation that would significantly reshape the oversight and regulation of most digital assets, moving regulation from the Securities and Exchange Commission to the Commodity Futures Trading Commission.
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1 week ago |
fa-mag.com | Tracey Longo
The U.S. Securities and Exchange Commission has officially closed its yearlong investigation into Morgan Stanley’s cash sweep practices in advisory accounts—without recommending any enforcement action. The firm disclosed the development in a regulatory filing on May 6, first reported by Reuters.
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1 week ago |
fa-mag.com | Tracey Longo
The Department of Labor has decided it will stop enforcing a 2024 rule that made it challenging to classify workers as independent contractors, according an agency bulletin. The bulletin, issued May 1, directed agency investigators not to enforce the independent contractor rule issued by the agency under the Biden administration effective immediately.
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1 week ago |
fa-mag.com | Tracey Longo
Repubilcan lawmakers are once again waging war against the Financial Industry Regulatory Authority (Finra) A Michigan congresswoman introduced legislation last month that would eliminate Finra's role as a regulator and move its duties to the Securities and Exchange Commission. Republican Rep. Lisa McClain's bill, the Restoring Accountability in Market Supervision (RAMS) Act, would transfer rulemaking, examination and enforcement authority held by the Finra to the SEC.
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2 weeks ago |
fa-mag.com | Tracey Longo
While President Trump has continuously teased the idea of using tariffs to replace federal income taxes, the plan lacks “seriousness and merit,” two analysts with the Tax Foundation said in a new blog. For more than a year, President Trump has repeatedly said that when tariff revenues kick in, he plans to use them to replace or reduce income taxes on households making under $200,000 annually.
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Big win for the independent BD industry — DOL will no longer enforce the independent contractor rule. @USDOL @FSIwashington @_fisherphillips @FAMagazine https://t.co/sR7sUqT9wb

GOP Steps Up Battle To Eliminate Finra As Regulator. The new call comes amidst an identical Project 2025 push. @Stoltmann1971 @FINRA @FAMagazine https://t.co/lGAMJrFqNr

Thank you, @CFPBoard—Chair Liz Miller was a must watch at our Invest In Women conference!

“Younger women today are confident, involved in investment decisions and want tools that give them control,” said CFP Board Chair Liz Miller CFP® at the #InvestInWomen panel on “The Transfer of Wealth to Women: Preparing for a Financial Power Shift”. Read @TraceyFAMag’s coverage