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Regulation/Government Policy
Auditors Didn’t Flag Risks Building Up in Banks
When KPMG LLP gave Silicon Valley Bank a clean bill of health just 14 days before the lender collapsed, the Big Four audit firm flagged
What Is Personal Cyber Insurance—and Should You Buy It?
Before you do, make sure you know the answers to these common questions. Source link
EPA to Propose Tougher Tailpipe-Emissions Standards
The new rules are aimed at accelerating the transition to electric vehicles. Source link
Binance.US Struggles to Find Bank to Take Its Customers' Cash
As a stopgap, the exchange is using at least one middleman to store user funds on its behalf. Source link
Digging Into a $344 Billion Investing Mystery
Preposterous claims in private investment offerings illustrate an important point about red-hot ‘Reg D’ securities: No one is checking to see if the details in
IRS Plan to Spend $80 Billion Includes Real-Time Tax Alerts
The tax agency promises digital improvements but no audit-rate increase for most households. Source link
King Dollar Still Looks Safe From the Yuan
Markets Heard on the Street Weaponizing the dollar creates incentives for change. But as an alternative, the yuan still has serious limitations. Source link
Microsoft to Pay $3 Million Over Russia Sanctions, Export Controls Violations
Risk & Compliance Journal The majority of the apparent violations involved blacklisted Russian companies or persons in the Crimea region of Ukraine, Treasury officials said
Tesla Nominates Former Tech Chief JB Straubel to Board
Tech Executive helped company become world’s most valuable car maker in his first stint with the firm Source link
TikTok's Next Big Ban Showdown Is in Montana
The Chinese-owned app is lobbying against a bill to ban TikTok for all Montanans, in an effort to try to avoid a domino effect. Source