SEC Considering Revised Predictive Data Analytics Plan: PLANADVISER reports that Securities and Exchange Commission Chair Gary Gensler announced last week that he has directed SEC staff to consider a modified version of the

predictive data analytics proposal.

FINRA Rejects Blame For Back-To-Office Push: Financial Advisor Magazine reports that Financial Industry Regulatory Authority has issued a statement clarifying that it is not the culprit in the push to get workers and advisors to come

back into the office after the pandemic.

SEC Approves Spot Ether ETFS: Pensions & Investments reports that the SEC last week approved applications to list and trade shares of spot ether exchange-

traded products after what appeared to be a sudden pivot.

DOL Official Confident Fiduciary Rule Will Survive Challenge: PLANADVISER reports that the Department of Labor’s new fiduciary rule was designed with the U.S. 5th Circuit Court of Appeals rebuttal of a prior fiduciary proposal in mind, and will survive a current court challenge, according to Timothy Hauser, deputy assistant secretary for program operations of DOL’s Employee Benefits Security

Administration.

Second Suit Filed Against DOL Fiduciary Rule: The DI Wire reports that last week nine insurance trade groups joined to file a second lawsuit attacking DOL’s

new fiduciary rule regulations in a Texas U.S. District Court.

IRS Waives Inherited IRA Penalties Again: Financial Advisor Magazine reports that the IRS is again waiving the hefty penalties for taxpayers who haven’t taken their required minimum distributions on the traditional IRAs they

inherited.

SEC Issues Crypto Scam Alert: Cryptopolitan reports that the SEC has released a

new alert about ongoing scams with what they call “crypto securities.”

Senators Want SEC Predictive Analytics Plan Withdrawn: Pensions & Investments reports that a bipartisan group of senators is calling on the SEC to

withdraw its predictive data analytics plan.

House Votes to Block Fed from Issuing Digital Currency: Fox Business reports that the House of Representatives last week voted along bipartisan lines to advance legislation blocking the Federal Reserve from creating its own central bank digital

currency.