SEC vote Wednesday is latest development in years-long ‘best interest’ saga

The U.S. Securities and Exchange Commission is expected on Wednesday to approve controversial legislation that is meant to set higher standards for “broker/dealers” – those selling retirement products, insurance and investment products to American consumers – as a years-long campaign by consumer advocates to boost advisory standards is formally acknowledged by the American securities regulator. 

George Holding's tax counsel Stross to participate in ACA webinar in Canada

Matt Stross, legislative tax counsel and oft-quoted spokesman for North Carolina Representative George Holding, is due to provide an "update" on the congressman's efforts to get his Tax Fairness for Americans Abroad Act signed into law later this month, in a webinar sponsored by the American Citizens Abroad's Global Foundation.

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Opinion

Opinion: Why it's wrong to insist a U.S. move to residence-based tax regime be 'revenue neutral'

Opinion: Why it's wrong to insist a U.S. move to residence-based tax regime be 'revenue neutral'

As awareness of the problems associated with the Obama-era law known as the Foreign Account Tax Compliance Act (FATCA) has gradually become more widespread, there's been more discussion about the...

Feb-23-2020