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We've compiled a checklist to maintain your compliance with the program's conditions and reduce the risk of audit issues, government investigations and potential civil liability.

Jeff Alberts, co-head of the firm's Financial Institutions Group, spoke with Law360's Jon Hill about the approaching global recession...

U.S. Department of Housing and Urban Development ("HUD") Secretary Benjamin S. Carson and Federal Housing Finance Agency ("FHFA") Director Mark A. Calabria testified on recent initiatives.

The IRS has taken the position that a foreigner whose U.S. agent regularly makes loans to the public on its behalf is engaged in a U.S.

Recently, the Internal Revenue Service has acknowledged that a computer program issue caused the erroneous revocation of tax-exemption for thousands of nonprofits across the country

President Biden signed a $1.9 trillion COVID-19 relief package into law on March 11, 2021. In addition to providing stimulus checks, increased unemployment assistance, funding for vaccine...

FINRA proposed rule amendments to provide the self-regulatory agency temporary relief from certain enforcement and other procedural requirements while operations are impacted by the coronavirus.

NFA extended temporary relief from July 23, 2020 to September 30, 2020 for applicants and registrants from CFTC fingerprint requirements.

As the insurance industry faces the repercussions of the coronavirus pandemic, members of the House Financial Services Committee have proposed a draft bill.

In late March, we wrote an open letter to state tax administrators requesting that they take steps to relieve undue tax administration burdens in the wake of the COVID-19 situation. We gave five suggestions...

The Financial Stability Board urged market participants to continue working to remove remaining dependencies on LIBOR by the end of 2021.

Congress has passed another coronavirus relief package, the American Rescue Plan (ARP), which allocates significant funding to states to address shortfalls experienced during the COVID-19 pandemic.

On April 30, 2020, the IRS announced in Notice 2020-32 that expenditures of CARES Act Paycheck Protection Program loan funds that otherwise would be deductible for federal income tax purposes will not be deductible ...

Yesterday, the IRS released a list of frequently asked questions regarding the guidance issued last week postponing the tax ...

In light of the COVID-19 crisis, many governmental issuers have canceled their in-person public hearings and replaced them with "virtual hearings" where no one is present in the same physical location

Yesterday, Governor Murphy announced that $11.2 million of federal CARES Act funds would be made available to commercial and recreational fishing businesses that have experienced a 35% or greater decline in revenues as a result of the COVID-19 pandemic.

Seyfarth Synopsis: On January 19, 2021, the Internal Revenue Service (the "IRS") issued Notice 2021-10 (the "Notice"), which extends the relief that it previously provided to qualified opportunity funds

Researchers found little change in actual investor risk tolerance levels during the pandemic, and an increased need for investor educational opportunities, particularly among minority communities.