Lead Editor: Sean McMahon

About This Industry

SmartBrief brings you all the latest news from every corner of the financial services sector. When you need more intel about how market trends and policymakers are going to affect you and your business, SmartBrief has you covered.

What you need to know about contingent fees


  • AICPA Insights

A U.S. District Court recently ruled on the issue of contingent fees for CPAs, finding that the preparation of an ordinary refund claim was not "practice" before the Internal Revenue Service subject t… Read More

Volatility shouldn't alter Fed plans, says Rosengren


  • Bloomberg

Despite recent market volatility, the Federal Open Market Committee should end its bond purchases as planned when it meets next week, said Federal Reserve Bank of Boston President Eric Rosengren. The … Read More

ESMA begins consultation for NDF clearing


  • (subscription required)

The European Securities and Markets Authority has started consultation on clearing of nondeliverable forwards. NDFs referenced in several currencies will be permitted, according to a consultation docu… Read More

Upstate N.Y. startups aim for more late-stage funding


  • Rochester Democrat and Chronicle (N.Y.) (tiered subscription model)

Local institutions incubate strong startups in upstate New York, but then some "reach the venture capital 'valley of death,' " writes Tom Tobin. They must find millions in funding if they hope to rea… Read More

Banks to get more time for stress-test compliance in 2016


  • Wall Street Journal (tiered subscription model), The
  • (subscription required)

Starting in 2016, banks will have until April 5 to comply with stress-test requirements, under a rule issued late last week by the Federal Reserve Board. Capital plans and stress-test results have bee… Read More