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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Several Democratic senators offered feedback to a proposal by U.S. Senate Finance Committee Chairman Ron Wyden (D-OR) and U.S. Sens. Sherrod Brown (D-OH) and Mark Warner (D-VA) to overhaul the U.S. sy...
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The Securities and Exchange Commission (SEC) filed a complaint against The Kraft Heinz Company and two former company executives alleging various types of accounting misconduct. Per the SEC's order...
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Republican leaders in Congress are warning the Biden Administration not to use the negotiations at the Organization for Economic Co-operation and Development (OECD) to compel Congress to make U.S. tax...
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The Securities and Exchange Commission (SEC) has filed an action against an online crypto lending platform, its founder, its chief domestic promoter and his affiliated company. Per the SEC, the act...
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Federal agencies released the annual Social Security and Medicare Trustees Reports this week, revealing that Social Security will have to cut benefits by 2034 – one year earlier than previously proj...
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In a letter sent Monday, U.S. Sens. Rob Portman (R-OH) and Marco Rubio (R-FL) asked Treasury Secretary Janet Yellen to “use all means necessary” to delay the release of internationally-held reserv...
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The U.S. Securities and Exchange Commission (SEC) is seeking information and public comment on the use of digital engagement practices (DEPs) by broker-dealers and investment advisers. Digital eng...
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