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Home » Industry » Page 7

Industry

Rep. Kim introduces bill to support U.S. businesses abroad

By Dave Kovaleski   |   June 3, 2026   |   Featured

U.S. Rep. Young Kim (R-CA) introduced legislation recently that seeks to provide additional support for U.S. businesses abroad.  The Building Overseas Opportunities & Strategic Trade (BOOST) f...

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FINRA report shows overview of the securities industry

By Liz Carey   |   June 3, 2026   |   Industry

A new report from FINRA provides a snapshot of the security industry with data about firms, their representatives and the previous year’s market activity. The 2026 Industry Snapshot is a compreh...

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Tech company HPE appoints Christopher Hsu to its board

By Dave Kovaleski   |   June 3, 2026   |   Industry

Technology company HPE has appointed Christopher Hsu, a partner at Elliott Investment Management, to its Board of Directors, effective immediately.  Hsu serves as head of portfolio operations and ...

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SEC rescinds rule requiring climate-related disclosure on reports

By Dave Kovaleski   |   June 2, 2026   |   Industry

The Securities and Exchange Commission (SEC) is rescinding rules that require companies to provide certain climate-related information in their registration statements and annual reports. The commi...

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Global fintech revenues grow faster than traditional banks

By Liz Carey   |   June 2, 2026   |   Industry

A new report has found that the world’s largest fintechs are more profitable than ever, with revenues topping $500 billion. The report from Boston Consulting Group and FT Partners found that 74 ...

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Treasury, IRS issue guidance on tax exemptions for foreign governments

By Dave Kovaleski   |   June 2, 2026   |   Featured

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued guidance on the applicability dates of proposed regulations that exempt foreign governments from tax on certain income...

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Target date funds are core investment option in 401(k) plans, study finds

By Melina Druga   |   June 2, 2026   |   Industry

Target date funds (TDFs) are a core investment option in 401(k) plans, according to a study by the Employee Benefit Research Institute (EBRI) and Investment Company Institute (ICI). TDFs offer age-app...

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Insurance group supports New York changes to legal system

By Liz Carey   |   June 1, 2026   |   Industry

The American Property Casualty Insurance Association (APCIA) said it supports reforms to thwart legal system abuse in New York state’s 2027 budget. APCIA praised New York Gov. Cathy Hochul for e...

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Sen. Warren presses fintech about consumer protection issues

By Dave Kovaleski   |   June 1, 2026   |   Featured

U.S. Sen. Elizabeth Warren (D-MA) has expressed concerns about reports of significant transaction and payment issues experienced by Bilt Rewards customers. Warren, the ranking member of the Senate ...

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Number of LLCs registered in New Hampshire increases 18 percent

By Melina Druga   |   June 1, 2026   |   Industry

During the first four months of 2026, 7,417 new limited liability companies (LLCs) were formed in New Hampshire, an 18 percent year-over-year increase, according to the secretary of state’s office. ...

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Cannabis Banking

  • Bill to provide cannabis businesses with banking services introduced in House
  • Pennsylvania AG among coalition urging Congress to pass cannabis banking bill
  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses

Digital Currency

  • Agencies ask for public comment on proposed stablecoin regulations
  • Rep. Arrington introduces bill to close tax loopholes in digital asset market
  • Legislation to protect seniors from crypto ATM scams introduced
  • SIFMA makes recommendations for FinCEN on AML proposal for stablecoin issuers
  • Rep. Kustoff introduces bill to treat digital assets like other financial instruments

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  • ROAD to Housing act becomes law
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