On December 20, 2018, a bipartisan pair of Congressmen, Warren Davidson (R-OH) and Darren Soto (D-FL), introduced bill H.R. 7356 to enact the Token
The Internal Revenue Service (IRS) in low-level advice recently announced its position that certain fines paid to the Financial Industry Regulatory
A master limited partnership, or MLP, is a limited partnership that is publicly traded.
It has become apparent that many companies and individuals are unaware of obligations to report their interests in foreign financial accounts to the United States Department of the Treasury (“Treasury”).
On May 26, 2010, the Securities Exchange Commission adopted amendments ("Amendments") to Rule 15c2-12, promulgated under the Securities Exchange Act of 1934 ("Rule"), that affect brokers, dealers and municipal securities dealers ("Participating Underwriters"), issuers of municipal bonds, and borrowers of municipal bond proceeds ("Obligated Persons").
In Notice 2011-19, the IRS provided guidance on when securities of an employer are readily tradable on an established securities market or readily tradable on an established market for purposes of certain Code provisions relating to employer securities held by employee stock ownership plans (ESOPs).
The IRS released proposed regulations ("Proposed Regulations") on January 6, 2011, which clarify and expand the circumstances that cause property to be "publicly traded" for purposes of determining the issue price of a debt instrument.
The Internal Revenue Service (the "IRS"), in proposed Treasury Regulations (REG-131947-10) (the "Proposed Regulations") released on January 6, 2011, clarifies and expands the circumstances that cause property to be "publicly traded" for purposes of determining the issue price of a debt instrument.
On Wednesday, December 15, Arent Fox LLP submitted a second letter to the US Securities and Exchange Commission in response to the SEC's request for comments about proposed rulemaking by the SEC relating to the Dodd-Frank Wall Street Reform and Consumer Protection Act.
On May 26, 2010, the Securities and Exchange Commission approved amendments to Rule 15c2-12 of the Securities Exchange Act of 1934 and issued Release No. 34-62184A in connection therewith (Release).