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Latest Articles
Trump says he's considering gas tax suspension to ease costs
3+ hour, 50+ min ago (483+ words) President Donald Trump said that he is weighing a potential suspension of the federal gas tax, as his administration looks for ways to ease high energy costs ahead of November's midterm elections. "Well, we're thinking about that," Trump said Tuesday…...
NYC can proceed with pied-a-terre tax as court weighs appeal
2+ hour, 12+ min ago (511+ words) New York City can proceed with the rollout of its pied-à-terre tax while an appeals court considers a legal challenge. A Staten Island judge's Sept. 29 ruling blocking the tax's implementation was put on hold Monday by the Brooklyn-based appeals court,…...
Goldman Sachs ensnared in EY data breach earlier this year
2+ hour, 3+ min ago (246+ words) Goldman Sachs Group Inc.'s data was exposed earlier this year in a hack of accounting firm EY, according to a person familiar with the matter. The bank's systems weren't affected by the attack, a Goldman spokesperson said in an…...
GST Council Meet On October 8: Arrest Powers, E-Commerce Rules, Compliance Reforms On Table
4+ hour, 4+ min ago (1300+ words) The 57th GST Council meeting, rescheduled for October 8, is set to focus on a range of enforcement and process reforms aimed at making tax compliance easier for businesses, while no major GST rate changes are expected to be taken up. The…...
Information for Stanford Investors
5+ hour, 44+ min ago (198+ words) On March 12, 2009, U.S. District Court Judge David C. Godbey issued an order at the request of Stanford court-appointed receiver Ralph S. Janvey unfreezing approximately 16,000 Stanford investor accounts at Pershing LLC and J.P. Morgan Clearing Corp., unless an exception described in the order applies. Previously,…...
Information Concerning Malaysian Restitution Fund for SwissCash Investors
5+ hour, 44+ min ago (161+ words) This Alert concerns a restitution fund established by the Securities Commission Malaysian (“Malaysian SC”) in a settlement involving various entities operating under the name “Swisscash”, including “Swiss Mutual Fund (1948),” and through websites encompassing variations on the names “Swisscash” and “SwissMutualFund....
Investors Beware of Phony SIPC “Look-Alike” Website Targeting Madoff Victims
5+ hour, 44+ min ago (435+ words) The SEC is warning investors about a website that falsely claims that $1.3 billion in Madoff money has been found in Malaysia and encourages individuals to submit information to verify that they are on a refund list. The website was created…...
Investor Warning Relating to Eric V. Bartoli, Enrico Orlandini, and DT Analysis a/k/a and Dow Theory Analysis SAC
5+ hour, 44+ min ago (472+ words) The staff of the Securities and Exchange Commission (SEC) has received credible information suggesting that an individual named Eric Bartoli, who was previously sued by the SEC for securities fraud, may currently be located in Peru and engaged in securities…...
Oil Spill Stock Scams - Don’t Get Cleaned Out by False Cleanup Claims
5+ hour, 44+ min ago (235+ words) The oil spill in the Gulf of Mexico poses more than an environmental and economic threat to the region. It also poses a financial threat to investors in the form of scams promising financial gains from investments in companies that…...
New Stock-by-Stock Circuit Breakers
5+ hour, 54+ min ago (727+ words) The Securities and Exchange Commission approved rules on Sept. 10, 2010, to expand the existing circuit breaker program that currently is triggered by large, sudden price moves in an individual stock. The new rules follow changes adopted on June 10, 2010, that impose a…...