Tracy Rozens

2 months ago | dailyenergyinsider.com | Tracy Rozens

Published on January 27, 2025 by Tracy Rozens A South Carolina economic development bill that would help meet demand for new energy generation in the state and that is supported by utilities is once again under consideration by lawmakers. “South Carolina is growing beyond its current energy generation capabilities, and we are facing an energy shortage in the state,” South Carolina Rep.

Jul 2, 2024 | financialregnews.com | Tracy Rozens

The Securities and Exchange Commission on June 28 charged Consensys Software Inc., a blockchain software technology company, with failing to register as a broker of crypto asset securities through digital services called MetaMask Staking and MetaMask Swaps. Consensys also was charged with engaging in the unregistered offer and sale of securities.

Jul 2, 2024 | financialregnews.com | Tracy Rozens

The U.S. Treasury Department and the IRS have released final regulations on the bipartisan Infrastructure Investment and Jobs Act’s (IIJA) reporting requirements for brokers of digital assets. The IIJA created reporting requirements, like those that already applied to traditional financial services, to help taxpayers file accurate returns and pay taxes owed under current law. It did not impose any new taxes on digital assets.

Jun 28, 2024 | financialregnews.com | Tracy Rozens

The biggest U.S. banks are favorably situated to manage a major recession and keep above minimum capital requirements, according to the results of the Federal Reserve Board’s annual bank stress test. The annual test, one tool to help ensure that large banks can support the economy during downturns, also showed that big banks would experience greater losses than last year’s test.

Jun 27, 2024 | financialregnews.com | Tracy Rozens

A coalition of business groups, including the U.S. Chamber of Commerce, released a whitepaper this week detailing its concerns with the agenda of the Securities and Exchange Commission (SEC) and offering reforms to restore public confidence in the agency’s role as regulator. The whitepaper makes the case that the SEC doesn’t understand how financial market participants will be impacted by its proposed changes, leading to rules that in some cases will disrupt U.S. capital markets.