U.S. Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR), the chairman and ranking member of the Senate Finance Committee, reaffirmed their commitment to extending the Advanced Manufacturing Investment Credi...
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The Securities and Exchange Commission (SEC) has established a new specialized unit within the Division of Enforcement to pursue accounting and financial reporting fraud cases and misconduct in the ac...
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The Federal Deposit Insurance Corporation (FDIC) approved the application for Augustus National Bank to become a newly chartered national bank headquartered in Dallas. Augustus National Bank’s bu...
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The Managed Funds Association (MFA) is urging the Department of the Treasury and the Internal Revenue Service (IRS) to preserve the tax treatment that allows certain foreign investment funds to make p...
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UBS Financial Services was hit with a total of $28 million in fines from the Financial Industry Regulatory Authority (FINRA) and the Commodity Futures Trading Commission (CFTC) for anti-money launderi...
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The Federal Reserve Board is seeking public feedback on a proposal to modernize rules for mutual banks, institutions that are owned by depositors rather than shareholders. The rules governing mutua...
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The U.S. Senate Finance Committee recently advanced legislation that requires the IRS to accept and process all returns and amended returns electronically. The Taxpayer Assistance and Service (TAS)...
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U.S. Sens. John Fetterman (D-PA) and Chuck Grassley (R-IA) introduced legislation this week that would provide stability to the Commodity Futures Trading Commission (CFTC) whistleblower program. T...
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U.S. Sens. Todd Young (R-IN) and Ben Ray Lujan (D-NM) have introduced legislation that would help Americans navigate challenges with the Internal Revenue Service. The legislation, the Strengthenin...
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The Crypto Council for Innovation, Blockchain Association, and The Digital Chamber recently sent a letter to Majority Leader John Thune (R-SD) and Minority Leader Chuck Schumer (D-NY), expressing stro...
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