FINRA notified members that it will assess and collect an accounting support fee of $10,022,000 to fund the current annual budget of the Governmental Accounting Standards Board.

FINRA notified members that it will assess $8,935,500 to fund the annual budget of the Governmental Accounting Standards Board ("GASB").

Extended Producer Responsibility (EPR) programs are rapidly expanding across states, creating new compliance requirements, financial exposure, and data-driven reporting obligations...

On June 6, the CFPB filed suit against third-party payment processor and two of its executives for allegedly enabling unauthorized and other illegal withdrawals from consumer banking accounts by their clients.

A subsidiary of the Industrial and Commercial Bank of China Limited agreed to settle SEC charges of lending "pre-released" American Depositary Receipts ("ADRs").

The SEC made a correction to Form ATS-N, a form relating to disclosure requirements for alternative trading systems that trade in National Market System stocks ("ATSs").

SPACs are staging a notable comeback, with serial sponsors and boutique underwriters leading the charge.

The original expiration date was April 15, 2018.

In a new advisory, the U.S. Treasury Department's Financial Crimes Enforcement Network ("FinCEN") alerted financial institutions to the risk that proceeds of political corruption from Nicaragua may enter the U.S. financial system.

The lender's motion for summary judgment was unopposed, and a $9 million judgment was entered against the borrower.

Financing Issues Under The Tax Act (Video)

Charles Rettig was sworn in as the 49th Commissioner of the IRS. Prior to his appointment, Mr. Rettig was a tax attorney at the law firm of Hochman, Salkin, Rettig, Toscher & Perez, P.C.

On March 11, 2025, the Ways and Means Committee Chairman Jason Smith delivered remarks during floor debate to initiate a Congressional Review Act resolution to invalidate the Biden Administration.

On October 19, the Department of the Treasury, the Federal Reserve Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation issued a joint advance notice of proposed rulemaking regarding enhanced cyber-risk management standards . . .

On October 11, Group of Seven ("G-7") financial leaders announced the release of bank cybersecurity best practices guidelines.

The revised draft pushes back the effective dates and compliance deadlines, adds limited exemptions, narrows the requirement to notify the DFS of cybersecurity events, adds flexibility to the program's requirements...

The New York State Department of Financial Services ("NYDFS") granted a virtual currency license to the "first and only" company operating Bitcoin teller machines ...

NYDFS Authorizes Digital Currency Exchange to Offer Custody Services.

The warnings follow recent hacking events, including fraudulent money transfers to steal $81 million from the Bangladesh Central Bank and $12 million from Banco del Austro in Ecuador.

A successful green building project may involve much more than construction design and include initial soil decontamination, optimization of financial or fiscal incentives and creative occupancy contracts.