The U.S. Department of the Treasury took action this week seeking to disrupt criminal networks and virtual currency exchanges responsible for ransomware attacks. The Treasury’s actions are part o...
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CME Group, which runs several leading derivatives exchanges, announced the launch of the derivatives industry's first-ever Sustainable Clearing service on Sept. 27. This new service will help marke...
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More than 40 leading financial and banking industry groups are urging Congress not to move forward with a proposal that would establish an expanded new tax information reporting regime. The proposa...
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The Federal Deposit Insurance Corp. (FDIC) is launching a new capital investment vehicle, the Mission-Driven Bank Fund, to support insured Minority Depository Institutions (MDIs) and Community Develop...
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Survey findings from FMI, the Food Industry Association, determined 95 percent of food retailers with e-commerce options experienced online sales increases in 2020 due to pandemic-related changes in c...
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The New York Stock Exchange and Intrinsic Exchange Group (IEG) are working together to develop a new class of publicly traded assets called Natural Asset Companies, or NACs. NACs are sustainable e...
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U.S. Rep. Kevin Brady (R-TX) and U.S. Sen. Mike Crapo (R-ID) recently introduced a bill that would address the tax gap and initiate reforms within the Internal Revenue Service. Their bill, the Tax...
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U.S. Sen. Ron Wyden (D-OR) introduced draft legislation to close loopholes that allow wealthy investors and large corporations to use pass-through entities, primarily partnerships, to avoid paying hig...
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Intercontinental Exchange, the company that owns the New York Stock Exchange, and human resources company ADP are launching a new service designed to help investors better assess the stability and cre...
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The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness released a report this week that examines the impact of a proposed 98 percent tax increase on carried interest capital gains...
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