The SEC’s Small Business Capital Formation Advisory Committee will discuss the definition of accredited investor and diversity in the investment process when it meets Wednesday. The committee, w...
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A group of financial services organizations are asking the Federal Reserve to extend the comment period for its interchange proposal by at least 90 days. The Fed, which proposed the changes at its...
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Economists at Bank of America (BofA) Global Research released their 2024 outlook, calling for a soft “landing” for the economy. "2023 defied almost everyone's expectations: recessions that neve...
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On Tuesday, the U.S. Department of the Treasury announced it had approved awarded more than $50 million in technical assistance grants to 20 states under the State Small Business Credit Initiative (SS...
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U.S. Rep. French Hill (R-AR) reintroduced a bill that seeks to amend the Social Security Disability Insurance (SSDI) program. The Social Security Disability Insurance Return to Work Act (H.R. 6428...
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U.S. Rep. Andy Barr (R-KY) announced last week that he had introduced legislation to increase tailoring for mid-sized banks. His legislation, the Financial Institution Regulatory Tailoring Enhance...
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On Thursday, in its annual report, the Consumer Financial Protection Bureau (CFPB) highlighted challenges American’s face when debt collector pursue allegedly unpaid medical bills. The report to...
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The U.S. Treasury and the Internal Revenue Service (IRS) released guidance this week to provide additional clarity on the expanded investment tax credit (ITC). Specifically, the guidance seeks to p...
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The Securities and Exchange Commission (SEC) has adopted new rules that seek to improve the governance of clearing agencies. The new rules would, in effect, improve the governance of registered cle...
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U.S. Sens Ron Wyden (D-OR), Sheldon Whitehouse (D-RI), and Angus King (I-ME) introduced a bill last week that would close the carried interest loophole and ensure hedge fund managers and private equit...
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