Middle-Market Public Policy Roundup
As the government shutdown continues, agencies tighten their staffs and activities. Meanwhile, courts uphold the NLRB and congressional committees form.
Sectors
Political Action Committee 101
ACG formed a political action committee to help elect supporters of the middle market to federal office. Here's a look at the role of PACs in policymaking.
Middle-Market Public Policy Roundup
SEC Chairman Jay Clayton spoke on middle market topics at the last IAC meeting, the FSOC published its annual report and Congress tries to avoid a shutdown.
Middle-Market Public Policy Roundup
The National Center for the Middle Market hosted the Government-Business Forum, Pres. Trump backed opportunity zones and the Senate raised debt concerns.
Federal Reserve Vice Chairman Provides Annual Testimony to Congress
Federal Reserve Vice Chairman for Supervision Randal Quarles spoke to Congress about regulatory issues currently facing the financial system.
Fed Issues First Financial Stability Report, Warns of Corporate Debt Levels
In its first-ever Financial Stability Report issued late last month, the Federal Reserve warned of risks facing the economy, including corporate debt.
IRS Proposes Rules on Interest Deductibility
The IRS is proposing new rules to the 2017 Tax Cuts and Jobs Act, which would limit the amount business can deduct from interest expenses.
SEC’s Enforcement Division Issues Annual Report
The SEC released its annual report, which focused on the agency's efforts to protect "Main Street" investors from bad actors and fraudulent conduct.
Enforcement Action Regarding Failure to Follow Firm Diligence Policies
The SEC issued an enforcement action against an investment advisor for misrepresenting due diligence procedures in communications with clients.
Middle-Market Public Policy Roundup
The OCC issued a warning of rising corporate debt levels, with one veteran lawmaker comparing current conditions to those before the 2008 subprime mortgage crisis.