U.S. Rep. Ron Wyden (D-OR), chair of the Senate Finance Committee, released draft legislation that seeks to close a tax loophole. The loophole is used to shelter income from taxes through the use o...

Several trade associations, along with the Managed Funds Association (MFA) have asked the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to extend a repor...

Global financial services firm Cantor Fitzgerald, L.P. has been charged with making misleading statement to investors, according to the Securities and Exchange Commission. The SEC alleges the comp...

The Mortgage Bankers Association (MBA) recently announced a proposal to develop a Ginnie Mae securitization to attract more private capital sources of liquidity in the event of a severe economic downt...

U.S. Sens. Ron Wyden (D-OR) and Elizabeth Warren (D-MA) are seeking information from TD Bank Group about a criminal conspiracy involving a fentanyl money laundering scheme. The criminal conspiracy ...

The Securities and Exchange Commission (SEC) recently filed a complaint in the U.S. District Court for the Eastern District of New York against Ken Peterman, Comtech Telecommunications Corp.’s forme...

U.S. Rep. Blake Moore (R-UT) announced his bill to require the Congressional Budget Office to produce more economic data passed in the House Wednesday. The bill, Increasing Baseline Updates, would...