Washington

President signs bill expanding review of foreign investment

Washington

Washington

The president signed legislation updating the authority of the Committee on Foreign Investment in the United States to review and block foreign investments.
Stocks fall short for week, 10-year Treasury yield slides

Markets

Markets

Stocks sold off worldwide Friday, as U.S. equities erased what would've been a sixth weekly gain as Turkey's economic crisis deepened.
More businesses to qualify for 20% tax reduction under Treasury pass-through guidelines

Regulation

Regulation

The Treasury Department proposed regulations that detail which companies are eligible to receive a 20% tax deduction as pass-through entities.
Commentary: Getting retirement solutions rights is a matter of national security

Industry Voices

Industry Voices

A proposal to resolve the three separate, but interrelated, U.S. retirement crises.
Rep. Collins faces SEC and federal criminal insider-trading charges

Courts

Courts

Federal criminal and civil charges of insider trading were filed against Rep. Christopher Collins, his son, and the son's future father-in-law.
PBGC looking for new advisory committee slate

Washington

Washington

The Pension Benefit Guaranty Corp. is looking to appoint new members to its advisory committee.
Judge upholds Puerto Rico oversight board authority on fiscal plan

COURTS

COURTS

A lawsuit challenging the authority of the Puerto Rico financial oversight board to impose a fiscal plan and related budget was dismissed.
Trump is likely to nominate Allison Lee as SEC commissioner, sources say

Washington

Washington

Allison Lee, a former enforcement attorney at the SEC, is the Trump administration's likely choice to replace her former boss in a Democratic seat.
SEC to tread lightly until GOP nominee Elad Roisman approved

Regulation

Regulation

Democrats have yet to nominate an SEC commissioner even as a Republican nominee makes his way through Senate hearings.
Managers await changes for foreign investment

LEGISLATION

LEGISLATION

An update to foreign investment review rules has private equity and venture capital funds and investors awaiting details.
Controversy simmering over gauging pension obligations

ACCOUNTING

ACCOUNTING

Risk-free discount rates stir up a debate for the actuarial standards board and congressional multiemployer committee.
The associated costs of DB terminations

Other Views

Other Views

Companies considering a pension plan termination should weigh the attendant costs and potential for in-plan risk reduction strategies.
Foreign investment review bill gains final OK from Congress

Legislation

Legislation

The Senate passed legislation updating the authority of the Committee on Foreign Investment in the United States.
Fed leaves rates unchanged

Markets

Markets

The Federal Open Market Committee did not adjust the federal funds rate, keeping it in a range of 1.75% to 2% as expected.
Commentary: How structural changes have unlocked credit opportunities in the lower middle market

INDUSTRY VOICES

INDUSTRY VOICES

Investors who are increasing their search for attractive yield opportunities in the credit markets should check out the middle market.