Appeals Court Revives Investment Advisers Act Suit over Mutual Funds’ Sales Practices

The district court erred in dismissing class securities fraud claims that certain Citigroup affiliates made misleading disclosures about…

Renewable Electricity Standard Promoting Nuclear, Coal Power Advances Considered for Climate Bill

Sen. Lindsey Graham (R-S.C.) said Feb. 23 he is pursuing a national renewable electricity standard that would count energy generated by new nuclear reactors…

Senator Kerry Nears Release of Compromise Climate Change, Energy Bill; No White House Bill Planned

Three senators led by Sen. John Kerry (D-Mass.) “are on a short track” to unveil compromise climate change and energy legislation that would increase…

Senators Wyden, Gregg Introduce Tax Reform Bill That Would Eliminate Alternative Minimum Tax, Enact Reduced Flat Corporate Tax Rate

Sens. Ron Wyden (D-Ore.) and Judd Gregg (R-N.H.) Feb. 23 introduced comprehensive tax reform legislation (S. 3018) with provisions consolidating tax…

House Democrats Welcome Obama’s Latest Health Care Reform Plan; Senate Still Sparring on Reconciliation Use

House Democrats give President Obama’s most recent health reform proposal a warm reception, though members say they are reserving final judgment on it…

Senate Majority Leader Reid’s Jobs Bill Gets Lackluster Reviews; Some Prefer Extending 2001, 2003 Tax Laws

Longer-term policies that give small businesses additional certainty about the tax climate in coming years may be better for the economy than…