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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A new rule proposed by the Consumer Financial Protection Bureau (CFPB) would block banks and other financial institutions from instituting junk fees on transactions declined at the swipe, tap or click...
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The Securities and Exchange Commission (SEC) adopted new rules and amendments this week that would impact initial public offerings (IPOs) by special purpose acquisition companies (SPACs). SPAC IPOs...
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The Public Company Accounting Oversight Board (PCAOB) took disciplinary action against a firm and individuals tied to it for violations of its rules and standards. Specifically, the actions were ta...
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U.S. Rep. Zach Nunn (R-IA) and U. S. Sen. Jerry Moran (R-KS) are leading an effort to caution federal regulators on how they believe the new proposed capital requirements on banks would impact the agr...
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According to the Security and Exchange Commission, cryptocurrency-related enforcements rose by more than half in 2023. Of the 46 enforcement actions brought against digital-asset market participan...
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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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The CEO of an investment management firm was sentenced to prison for fraudulently misappropriating profitable trades to himself, at the expense of investors, according to the U.S. Department of Justic...
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U.S. Rep. John Curtis (R-UT) introduced a bill that would prohibit natural asset companies, or any similar entity, from entering into any agreement that would impact public land. In October 2023, t...
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On Friday, the Federal Deposit Insurance Corporation (FDIC) sent letters to five entities demanding they stop making false and misleading claims about FDIC deposit insurance. According to the lett...
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