The Securities and Exchange Commission (SEC) proposed a rule this week that would update the dollar threshold for a fund to qualify as a “qualifying venture capital fund.” Specifically, the rul...
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On Tuesday, two U.S. senators asked the Government Accountability Office (GAO) to look into the Veterans’ small business lending programs. U.S. Sens. Jeanne Shaheen (D-NH), the chair of the U.S....
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The U.S. Treasury Department and the Internal Revenue Service, in partnership with the Department of Energy (DOE), will stop accepting new applications for the 2023 program year for the Low-Income Com...
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The Securities and Exchange Commission (SEC) adopted amendments to Form PF last week. Form PF is the confidential reporting form for certain SEC-registered investment advisers to private funds, inc...
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U.S. Sen. Sheldon Whitehouse (D-RI) and U.S. Rep. Judy Chu (D-CA) introduced legislation that would close a tax loophole that allows individuals to avoid capital gains taxes on assets donated to dark ...
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U.S. Sens. Ted Cruz (R-TX) and Bill Hagerty (R-TN) today introduced legislation that would block a rule from the Securities and Exchange Commission (SEC) related to technology in investing. In July...
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A group of banking associations has filed suit against the Federal Reserve, FDIC, and OCC over rules that are part of the Community Reinvestment Act (CRA). The lawsuit, filed in the Northern Distri...
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On Wednesday, U.S. Sen. Bob Casey (D-PA) introduced legislation that would create savings accounts for every child in America. The legislation, the 401Kids Savings Act, would create a new children...
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U.S. Rep. Brad Sherman (D-CA) released a draft of legislation that would exclude investments in China, Russia, Belarus, and Iran from eligibility for lower capital gains tax rates. Sherman’s No ...
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On Monday, the U.S. Treasury Department announced it had approved more than $228 million in American Rescue Plan funding to be spent on high-speed projects across New York state. The funding, part...
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