Large portions of the stimulus package are devoted to helping small and midsize companies, the HFSC sent a letter to the Treasury, and the SEC resumes committee meetings.
The Senate passed a $2 trillion stimulus package, the House proposed a law to oversee that federal relief, and an HFSC member tests positive for COVID-19.
The Fed slashed interest rates to zero, and the Trump administration proposed a trillion-dollar stimulus that would send direct payments to Americans for economic relief.
Investment advisers who want to get the word out about their services are going to be stuck in the 1960s unless the SEC changes its advertising rule.
Trump floats tax holiday to boost the economy from the coronavirus outbreak, and the SEC proposes a rule change for exempt offerings.