SEC On-Site Inspections Hit “Fever Pitch:” ThinkAdvisor reports that exams by the Securities and Exchange Commission that include an on-site portion are back in

“full swing.”

Canada Urged to Allow More Alt Retail Investments: Advisor.ca reports that the Canadian alternative investment sector is urging its federal government to give retail investors greater access to alternative products in registered

plans.

SEC Claims Right to Pursue its Climate Rule: Bloomberg Law reports that SEC corporate emissions reporting requirements should still be allowed after this summer’s Chevron rollback, the agency has told the U.S. 8th Circuit Appeals Court for the first time since the Supreme Court decision that makes it easier for

challengers to fight some agency regulations.

Insurance Industry is Winning its DOL Fiduciary Rule Lawsuit: The Wall Street Journal reports that the insurance industry is winning its lawsuit challenging the new Department of Labor fiduciary rule. The government is expected to

appeal.

Four More SEC Rules Planned This Year: Thomson Reuters reports that the SEC is planning to issue 13 proposals in the next 10 months or so with four of those slated for 2024, according to the most recent update to the so-called Reg Flex

Agenda, which lists planned regulatory actions by federal agencies.

Trump Says to Eliminate Taxes on Senior Social Security Payments: ThinkAdvisor reports that Donald Trump pledged to eliminate taxes on Social Security payments for seniors, a move that would cut levies for some elderly

Americans.

Schumer Outlines Democrats Tax Policy: Congressional Quarterly reports that Senate Majority Leader Charles E. Schumer (D-NY) said last week that if Democrats win in November, they’ll roll back tax breaks that wealthy and big

corporations won under the 2017 GOP tax law.

Senate Bill Would Allow 403(b) CIT Investments: 401(k) Specialist reports that a bipartisan group of four Senators introduced a bill last week that would allow 403(b) plans to include collective investment trusts as part of their investment menu

options.

Bipartisan Bill Would Let Regulators Experiment With AI: Pensions & Investments reports that a bipartisan group of lawmakers introduced a bill in both the House and Senate that would allow financial federal regulatory agencies to

experiment with artificial intelligence.

Senate Committee Proposes SEC Budget Cut: Cryptopolitan reports that the Senate Appropriations Committee has proposed reducing the SEC budget for the fiscal year 2025 to $2.23 billion, below the $2.59 billion the commission requested, sparking concerns that it could have a major impact on the commission’s

operations.

DOL Budget Boosted by Senate Spending Bill: PLANADVISER reports that the Senate Appropriations Committee last week okayed the fiscal year 2025 funding bill for the DOL, including increased spending for both the DOL and the Employee

Benefits Security Administration.