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By C. Ryan Barber | October 24, 2018
“It's an extremely important arrangement that Commerce and the [European Commission] have agreed to, and it supports hundreds of billions of dollars in transatlantic data flows," the FTC's consumer bureau director, Andrew Smith, said Wednesday at a U.S. Chamber summit in Washington.
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By Ellis Kim | October 24, 2018
The hearing was convened by Senate Judiciary Chairman Chuck Grassley, R-Iowa, despite a congressional recess.
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By Ellis Kim | October 24, 2018
The hearing was convened by Senate Judiciary Chairman Chuck Grassley, R-Iowa, despite a congressional recess.
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By C. Ryan Barber | October 24, 2018
Lizzie Baird, who'd been a Morgan Lewis partner since 2014, represented broker-dealers, public companies and investment advisers.
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By C. Ryan Barber | October 23, 2018
The CFIUS review process is getting lots of attention right now, and we've got some observations from leading practitioners about what to expect. Plus: the latest compliance and enforcement headlines give a peek into what law firms are thinking about as the midterms fast approach. Thanks for reading Compliance Hot Spots.
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By C. Ryan Barber | October 23, 2018
The penalty was part of a 2015 consent order. "We have worked diligently with our bank regulators to strengthen our processes and internal controls," a bank spokesperson said Tuesday.
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By C. Ryan Barber | October 23, 2018
The penalty was part of a 2015 consent order. "We have worked diligently with our bank regulators to strengthen our processes and internal controls," a bank spokesperson said Tuesday.
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By Sidney Kess | October 23, 2018
In his Tax Tips column, Sidney Kess writes: The Tax Reform Act of 1986 created the kiddie tax as a way to prevent parents from shifting investment income to children in order to cut the overall tax bill for the family. Over the years, the kiddie tax has undergone some changes, most notably in the age to which it applies. The Tax Cuts and Jobs Act of 2017 dramatically changed the way in which the tax is computed.
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By Evan T. Barr | October 23, 2018
Over the past few years, the Department of Justice Antitrust Division has increasingly focused its enforcement actions on industry-wide cartels and global market conspiracies where literally hundreds of millions (if not billions) of dollars in commerce may be at issue. The vast scale of these cases leads directly to the possibility of lengthy prison sentences and hefty fines, even absent any other aggravating factors. Unfortunately, those federal appellate courts that have interpreted the scope of volume of commerce do not fully agree on the proper methodology to calculate this crucial metric.
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By Lawrence E. Ashery | October 23, 2018
First it was Mexico that agreed to a new trade accord with the United States. Less than one week later, Canada joined the agreement as well. With that, the stage is set for the 24-year-old North American Free Trade Agreement (NAFTA) to end and the U.S. Mexico Canada Agreement (USMCA) to take its place.
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