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21 Mar 2017, 5:29 am by Debra A. McCurdy
On March 16, 2017, the House Budget Committee approved sending the bill to the full House as part of fiscal year 2017 budget reconciliation bill, and a vote is expected later this week. [read post]
17 Mar 2017, 7:09 am by Jack Goldsmith
Trade and Development Agency, the Overseas Private Investment Corp., the U.S. [read post]
17 Mar 2017, 12:01 am by Gene Takagi
Top 10 Nonprofit Tweets: Independent Sector: Arts, science, & the poor will see massive cuts under Trump’s budget plan to increase military spending. [read post]
15 Mar 2017, 11:33 am by Jordan Brunner
Grassley stated yesterday that he would not schedule a committee vote for Trump’s nominee for deputy attorney general, Rod Rosenstein, until Comey briefed the committee. [read post]
15 Mar 2017, 3:00 am by John Jenkins
Here’s an excerpt from the Committee’s memorandum addressing the request: The Committee remains concerned that despite receiving significant annual appropriations increases, the SEC has neither met statutory deadlines for the issuance of rulemakings nor significantly improved its annual examination rates for investment advisers. [read post]
14 Mar 2017, 10:16 am by Jordan Brunner
The Daily Beast writes that the Department of Justice has asked the House Permanent Select Committee on Intelligence for an extension of the deadline set by the Committee to explain Trump’s claims that former President Obama wiretapped his phones at Trump Tower during the 2016 presidential election. [read post]
13 Mar 2017, 10:00 am by Thomas Dowdell (US)
Winston & Co., a member of the product investment board of GlaxoSmithKline, and a senior fellow at the American Enterprise Institute. [read post]
13 Mar 2017, 8:26 am by John Jascob
Several of the panelists raised the quandary that investment advisers, particularly passive managers, are facing. [read post]
12 Mar 2017, 5:26 pm by Kevin LaCroix
’” The plaintiffs allege that in reliance on defendants’ representations about the company’s technology and its planned IPO, they ultimately invested about $17 million in Delivery Agent. [read post]
10 Mar 2017, 6:31 am by Bruce Thomas
  [ Ed. note:  two of Professor Perritt’s papers have strongly influenced the LII. [read post]
10 Mar 2017, 4:25 am by Broc Romanek
The Trump administration, which has laid out plans to roll back Obama-era financial regulations, now appears to be more focused on other parts of its agenda, such as tax changes. [read post]
7 Mar 2017, 9:34 am by HR Hero
The ACA-imposed tax of 3.8% on some net investment income of individuals, estates, and trusts with income above certain amounts would be repealed starting in 2018. [read post]
6 Mar 2017, 6:29 pm by Kelly Phillips Erb
According to the GOP’s website on the plan, there are no firm numbers for the cost of the plan, nor a concrete plan to pay for it. [read post]
3 Mar 2017, 6:16 am
Berman, Vinson & Elkins LLP, on Saturday, February 25, 2017 Tags: Broker-dealers, Compliance & ethics, Conflicts of interest, Cybersecurity, Duty to inform, FCPA, Financial advisers, Private equity, Private funds, SEC, SEC enforcement, Securities enforcement, Securities regulation Should Mutual Funds Invest in Startups? [read post]
3 Mar 2017, 5:39 am by Tom Bolt
The legislation created a new committee void of any elected Puerto Rican officials to oversee all the territory’s finances. [read post]
27 Feb 2017, 5:00 am by Bryston Gallegos
(“DBAHC”), DBAHC Executive Committee, Deutsche Bank Matched Savings Plan Investment Committee (the “Investment Committee”), Richard O’Connell, Deutsche Investment Management Americas Inc. [read post]
23 Feb 2017, 1:28 pm by admin
Convocation’s decision was the culmination of several years of work and review, which included a special Advertising and Fee Arrangements Working Group (Working Group), two Professional Regulation Committee reports (see here and here) and consultations with practitioners and the public (see Advertising and Fee Arrangements for an overview of the LSUC’s lawyer advertising review process). [read post]
21 Feb 2017, 4:10 pm by Brian Nese
Additional Bills of Interest AB 79 (Levine, D): Electrical generation: coal fired generation resources.STATUS: Introduced January 4, 2017; referred to Committee on Utilities and Energy on January 19, 2017. [read post]