Top Dividends Tax Rate on Track to Jump to 68 Percent in 2011, Report Warns

The top tax rate on dividends will rise to 68 percent in 2011 when combined with the effects of the expiration of the 2001 and 2003 tax cuts, the new health care surtax, and the…

Climate Bill to Be Offered as Energy Bill Amendment on Senate Floor, Leading Democrat Says

Climate change legislation will likely be brought to the Senate floor as an amendment to pending energy legislation, Sen. Charles Schumer (D-N.Y.), the chamber’s third-ranking Democrat, said June 7…

States, Automakers Support EPA in Industry Challenge to Rule on Vehicle Greenhouse Gas Emissions

California and 12 other states June 7 filed a motion to intervene on behalf of the Environmental Protection Agency in a lawsuit challenging a final EPA rule that sets limits on…

Bearish Real Estate Loan Climate Creates Bull Market for New Breed of Receivers

A growing and—as it happens—beneficial trend in the topsy-turvy distressed property market is the now common choice by lenders or special servicers to work out failing loans through…

Financial Firms Should Not Be Exempt from Derivatives Rules, CFTC Chairman Gensler Says

No financial services firms should be exempted from over-the-counter derivatives clearing requirements contained in pending financial regulatory reform legislation, Commodity…