New legislation unveiled on Capitol Hill would require federal financial regulatory agencies to improve their consultation with Congress and the public regarding their engagement with international or...
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The House Small Business Committee passed legislation that requires federal agencies to analyze and limit the impact of their regulatory action for small businesses. Specifically, the Prove It Act...
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SIFMA put out a white paper this week on artificial intelligence (AI) that probes the use of AI within the financial services industry. The paper, titled “Promoting Investor Success, Industry Inn...
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The Section 199A tax deduction for small and family-owned businesses supports 1.1 million jobs directly, 590,000 jobs through increased employee compensation, and another 853,000 jobs from related con...
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The Securities and Exchange Commission (SEC) approved a new quality control standard for the Public Company Accounting Oversight Board’s (PCAOB). The new standard -- QC 1000, A Firm’s System o...
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The North American Securities Administrators Association (NASAA) issued its annual report on the state-registered investment adviser industry. NASAA’s Investment Adviser Section Annual Report exa...
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On Friday, the Securities and Exchange Commission (SEC) announced it had settled charges against Esmark in regard to its proposed purchase of U.S. Steel. According to the SEC’s order, Esmark, at...
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U.S. Treasury Secretary Janet Yellen and Internal Revenue Service (IRS) Commissioner Danny Werfel highlighted some of the key milestones in their departments’ various initiatives, including collecti...
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On Thursday, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) held the sixth of 10 planned event to bring the public and private sector together to combat fentanyl. F...
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U.S. Sen. Elizabeth Warren (D-MA) is urging the Internal Revenue Service (IRS) to increase its scrutiny of Real Estate Investment Trusts (REITs). Last week, the IRS issued a warning about hotel an...
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