The Securities and Exchange Commission (SEC) adopted amendments that seek to enhance the information that mutual funds, exchange-traded funds, and other registered funds report about their proxy votes...
Read More
Independent Community Bankers of America officials said the organization is encouraging the Federal Housing Finance Agency (FHFA) and banking agencies to align capital rules or risk negatively impacti...
Read More
Findings from a recently released Investment Company Institute (ICI) study maintain that mutual funds are essential to most domestic households building wealth. “Mutual funds are a key component ...
Read More
A group of Democratic legislators recently requested answers from the Federal Reserve Board on its plan to continue to raise interest rates at a rapid pace, even if it increases unemployment. “Y...
Read More
U.S. Sens. John Thune (R-SD) and Chuck Grassley (R-IA) plan to introduce legislation that would give Congress a direct say in how $80 billion of new funding for the Internal Revenue Service (IRS) coul...
Read More
U.S. Bank released its annual CFO Survey this week, which finds that priorities have shifted for finance leaders in this challenging economic environment. Specifically, the survey found that impro...
Read More
A new survey by the American Bankers Association and Morning Consult finds that a growing number of Americans are using mobile apps for banking. This is the third year in a row, the survey said, th...
Read More
Federal officials recently awarded $5 billion in New Markets Tax Credits (NMTC) to 107 organizations across the country to receive NMTC allocation awards. The New Markets Tax Credit Program permits...
Read More
The Internal Revenue Service (IRS) reported that the estimated gross tax gap increased to $496 billion, a rise of over $58 billion from the prior estimate, for the tax years 2014 through 2016. The...
Read More
U.S. Reps. Young Kim (R-CA) and Blaine Luetkemeyer (R-MO) recently forwarded correspondence to the Securities and Exchange Commission (SEC), noting the agency should consider how regulations may impac...
Read More