Commentary by Steven Lofchie
The IRS proposed an amended draft of the 2019 Form 1040 that includes a question about taxpayer virtual currency transactions.
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Commentary by Steven Lofchie
On October 14, 2019, the Trump administration imposed new sanctions against Turkey for its recent military offensive in northeastern Syria.
The SEC filed an emergency action against the owners and operators of a mobile messaging application to discontinue their allegedly illegal securities offering of digital assets known as "Grams."
In separate disciplinary actions, the New York Mercantile Exchange fined an individual trader and a proprietary trading firm for spoofing and position limit violations.
The SEC named Rebekah Goshorn Jurata to the Public Company Account Oversight Board (PCAOB) for a five-year term that will run through October 24, 2024. Concurrently, SEC Commissioner Hester Peirce was chosen to lead the SEC's coordination with the PCAOB.