Anders is continually monitoring the 2017 Tax Cuts and Jobs Act to determine how it will affect individuals, businesses and organizations. Our tax experts are closely studying the new law and its impact on a variety of industries and created… Read More
Although not a new topic, the issue of broker-dealers and their fiduciary duties to their clients does seem to be picking up steam as of late. The Dodd-Frank Act empowered the Securities and Exchange Commission (“SEC”) to enact a uniform… Read More
The rippling effect of a law passed over three years ago continued last month with new standards passed by Public Companies Accounting Oversight Board (“PCAOB”). There were two new attestation standards covering the broker-dealers’ compliance report and examination report approved… Read More
The Financial Accounting and Standards Board (FASB) issued for public comment an exposure draft that could exempt many private companies from the requirement to apply variable-interest entity (VIE) consolidation guidance under topic 810 to companies under common control.
The proposal… Read More
Since the Bernie Madoff scandal became public in 2008, regulators have been implementing new regulations governing the financial industry in an attempt to protect investors from theft and other misuse of their assets. The custody rule was one such regulation;… Read More