The longest government shutdown in U.S. history is increasingly a catalyst for new risks and tough choices for corporations.
Joe Mont
Posted inFinancial Services
Waters builds new agenda for Financial Services Committee
With new leadership, Rep. Maxine Waters (D-Calif.), the House Financial Services Committee is setting its agenda for the new session of Congress.
Posted inRegulatory Enforcement
SEC faces lawsuit over ‘gag orders’ in enforcement settlements
The Cato Institute, a libertarian think tank, is suing the SEC over the mandatory “gag orders” it has added to its enforcement-based settlement agreements for nearly 40 years.
Posted inEurope
May’s Brexit plan suffers historic defeat
With one of the most devastating losses in the history of British politics, Prime Minister Theresa May was handed a rebuke of her proposed Brexit framework for the future relationship between the European Union and the United Kingdom.
Posted inUncategorized
Supreme Court will not hear CFPB constitutional challenge
The Supreme Court has declined to hear a years-long lawsuit challenging the constitutionality of the Consumer Financial Protection Bureau.
Posted inUncategorized
Warren: Comerica left retirees, veterans vulnerable to fraud
Sen. Elizabeth Warren (D-Mass.) is urging government officials to respond and react to allegations that Social Security beneficiaries were the victims of fraud through their use of a government program administered by Comerica Bank.
Posted inUncategorized
Senate bill would restrict pharmaceutical advertising
Senate Democrats are promoting the End Taxpayer Subsidies for Drug Ads Act, legislation that would prohibit pharmaceutical drug manufacturers from claiming tax deductions for consumer advertising expenses.
Posted inUncategorized
Los Angeles sues Weather Channel app, IBM over location data
The City of Los Angeles has filed a lawsuit against the operator of the Weather Channel smartphone app—an IBM subsidiary—for “covertly mining the private data of users and selling the information to third parties.”
Posted inUncategorized
Waters: Shutdown is jeopardizing financial markets
As she assumes leadership of the House Financial Services Committee, Rep. Maxine Waters (D-Calif.) is arguing that the ongoing government shutdown is harming the SEC and the integrity of U.S. financial markets.
Posted inBoards & Shareholders
Bezos fallout: Disclosure and divorce
When a CEO is in the midst of a divorce, as Amazon’s Jeff Bezos is, does that personal matter rise to the level of shareholder materiality? There are no easy answers, only slippery slopes.