Congressional Activity

As calls increase that Washington should take a greater regulatory approach when it comes to use of artificial intelligence in financial services, a new report ...

"These additional resources are the minimum just for the [Exam] Division to stay abreast of the growth in market participants and make key investments to ...

"The crypto industry’s record of failures, frauds, and bankruptcies is not because we don't have rules or because the rules are unclear. It’s because many ...

In the last five years, 'the population of advisers has grown by over 2,300 and the assets managed by these entities has increased by approximately ...

Gensler tells Congress the final private funds rule "was adjusted in multiple ways based on public feedback on the proposal"

"Last month, we finalized a rule that, among other things, will require private fund advisers registered with the Commission to provide detailed disclosure to investors ...

"Registered investment advisers grew by 20 percent .... the number of private funds advised by registered investment advisers increased by 50 percent to approximately 50,000. ...

“We would assume a massive selloff in equities” should Congress not act in time

"Private fund investors often are retirement funds and endowments .... That’s why we proposed a rule to require private fund advisers to provide detailed reporting ...

IA "numbers have grown significantly in the last five years. Registered investment advisers grew by 22 percent—to about 15,000, up from approximately 12,500 in 2017. ...