SEC Chief Defends Texting Crackdown

Published on October 22, 2024

"Hundreds of people at dozens of firms were blowing right past" off-channel communication rules, Gary Gensler said.

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IRS Clarifies When Retirement Plan Overpayments Can Be Rolled Over

October 22, 2024
The guidance allows "plans to refrain from going after innocent retirees who received too much," J. Mark Iwry says.      Related StoriesIRS Reveals New Tax Rates, Deductions for 2025Carson Group, Fired Exec to Update Judge on Potential SettlementHow Medicare Advantage Cuts Have Hit the 2025 Plan Market

Banks Brace for Era of Consumer Data Sharing

October 22, 2024
The CFPB says bank clients will be able to demand, download and transfer their highly-coveted data to other financial firms for free. The final rule should cover checking accounts, credit cards and digital wallets, but not mortgages, student loans or car loans.      Related StoriesSEC Chief Defends Texting CrackdownIRS Clarifies When Retirement Plan Overpayments Can Be Rolled OverCarson Group, Fir