Financial industry regulation

FILE - In this May 9, 2019, file photo, California Gov. Gavin Newsom gestures towards a chart with proposed funding to deal with the state's homelessness as he discusses his revised state budget during a news conference in Sacramento, Calif. California lawmakers are scheduled to vote Thursday, June 13, 2019, on a $214.8 billion operating budget, sending the plan to Gov. Gavin Newsom's desk with a focus on expanding access to health insurance while spending billions of new money on homelessness and housing. (AP Photo/Rich Pedroncelli, File)
June 13, 2019 - 4:01 pm
SACRAMENTO, Calif. (AP) — The California Assembly on Thursday approved a $214.8 billion state budget that would spend more on health care and education, bolster the state's top firefighting agency following devastating wildfire seasons, and boost state reserves. "We know that at some point soon a...
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FILE - In this May 9, 2019, file photo, California Gov. Gavin Newsom gestures towards a chart with proposed funding to deal with the state's homelessness as he discusses his revised state budget during a news conference in Sacramento, Calif. California lawmakers are scheduled to vote Thursday, June 13, 2019, on a $214.8 billion operating budget, sending the plan to Gov. Gavin Newsom's desk with a focus on expanding access to health insurance while spending billions of new money on homelessness and housing. (AP Photo/Rich Pedroncelli, File)
June 13, 2019 - 12:55 pm
SACRAMENTO, Calif. (AP) — California lawmakers were poised Thursday to approve a framework for a $214.8 billion operating budget, the first step in a spending package that seeks to address the teacher shortage, expand health care to some adults living in the country illegally and bolster the state'...
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FILE - In this May 8, 2019, file photo, Uber and Lyft drivers carry signs during a demonstration outside of Uber headquarters in San Francisco. The ride-hailing companies Uber and Lyft say they are willing to change the way they treat drivers in California. That could include paying a base wage and providing certain benefits. But the companies are arguing they need to continue to classify drivers as independent contractors, not employees. California lawmakers are considering legislation that would tighten the rules around how companies classify workers as contractors. (AP Photo/Eric Risberg, File)
June 12, 2019 - 9:03 pm
SACRAMENTO, Calif. (AP) — Ride-hailing companies Uber and Lyft say they are willing to change the way they treat drivers in California as long as state lawmakers don't require them to classify drivers as employees, a move that would entitle them to a wide range of benefits. The California-based...
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June 12, 2019 - 7:48 pm
SACRAMENTO, Calif. (AP) — The ride-hailing companies Uber and Lyft say they are willing to change the way they treat drivers in California — as long as state lawmakers don't require them to call drivers employees, a move that would entitle them to a wide range of benefits. The California-based tech...
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Bank of Japan Governor Haruhiko Kuroda, center bottom, speak with other participants prior to G20 Finance Ministers' and Central Bank Governors' Meeting Saturday, June 8, 2019, in Fukuoka, western Japan. (AP Photo/Eugene Hoshiko, Pool)
June 08, 2019 - 4:36 am
FUKUOKA, Japan (AP) — Financial leaders of the Group of 20 gathered Saturday to brainstorm ways to adapt global finance to an age of trade turmoil and digital disruptions. The central bank governors and other financial regulators meeting in this southern Japanese port city also flagged risks from...
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FILE - In this Feb. 6, 2018, file photo, a woman walks through the front doors at a Fidelity Investments office on Congress Street as the ticker displays stock market numbers in Boston. Federal regulators are moving to require that brokers provide their customers with detailed disclosures of their potential conflicts of interest when dispensing advice for retirement planning and other investments. (AP Photo/Stephan Savoia, File)
June 05, 2019 - 2:05 pm
WASHINGTON (AP) — Stockbrokers will have to divulge their potential conflicts of interest to clients when they give them investment advice under action taken Wednesday by federal regulators. The regulation adopted by the Securities and Exchange Commission will also require brokerages to eliminate...
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FILE - In this Feb. 6, 2018, file photo, a woman walks through the front doors at a Fidelity Investments office on Congress Street as the ticker displays stock market numbers in Boston. Federal regulators are moving to require that brokers provide their customers with detailed disclosures of their potential conflicts of interest when dispensing advice for retirement planning and other investments. (AP Photo/Stephan Savoia, File)
June 05, 2019 - 3:08 am
WASHINGTON (AP) — Federal regulators are moving to require that brokers provide their customers with detailed disclosures of their potential conflicts of interest when dispensing advice for retirement planning and other investments. But critics say the Securities and Exchange Commission's new...
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June 02, 2019 - 11:10 am
CHICAGO (AP) — New research suggests that states that expanded Medicaid coverage under the Affordable Care Act eliminated racial differences in being able to quickly start on treatment after a diagnosis of advanced cancer. The law that is often called "Obamacare" let states expand Medicaid...
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Gov. Gavin Newsom speaks at the California Chamber of Commerce's 94th Annual Sacramento Host Breakfast, Thursday, May 23, 2019, in Sacramento, Calif. Newsom said housing and inequality are two of the biggest issues facing state government and California businesses. (AP Photo/Rich Pedroncelli)
May 24, 2019 - 7:16 pm
SACRAMENTO, Calif. (AP) — California lawmakers are headed toward a confrontation with Gov. Gavin Newsom over whether to keep a tax that can generate nearly $2 billion for low-income health benefits but means approval from the Trump administration amid a feud between state and federal officials...
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Michigan Gov. Gretchen Whitmer speaks after touring the Hope Network Neuro Rehabilitation campus Thursday, May 16, 2019, in East Lansing, Mich. The Democrat says she is open to letting drivers opt out of mandatory unlimited medical coverage in their auto insurance policies, but opposes a full opt-out option. (AP Photo/David Eggert)
May 24, 2019 - 10:46 am
LANSING, Mich. (AP) — Michigan's Legislature was poised Friday to pass a bill that would cut the country's highest auto insurance premiums by letting drivers forego a one-of-a-kind requirement to buy unlimited medical coverage for crash injuries. The pending votes followed the announcement of an...
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