by Douglas Plume, RBFL Student Editor Since its founding in 1974, the Commodity Futures Trading Commission has had authority to regulate conduct in the markets for futures contracts of all sorts of commodities. Congress greatly expanded the CFTC’s authority and power in a number of ways with the passage of the Dodd-Frank Act in […]
by Zachary Zehner, RBFL Student Editor If I were a betting man, I would guess that the average reader has a bank account, a credit card, and maybe some even have an investment portfolio. With juggling all of these accounts and attempting to stick to one’s financial budget, many consumers opt for a third […]
by Steven Young, 2L Editor Microfinance gives low-income, seasonal-income, and otherwise indigent persons access to financial products that are typically reserved for wealthier customers. Microfinance Institutions (MFIs) specifically target these individuals who cannot participate in typical credit markets by providing atypical financial products and services. However, microloans are costly. Default risks are high, and the […]
by Lizbelle Taveras, 2L Editor The budding cannabis industry is a disruptive force that has crept—and is creeping—its way into a number of other industries. CB Insights has compiled a list of 23 wide-ranging industries that have begun incorporating cannabis products, or will begin to do so in the near future. Such industries include medicine, […]
by Kellen Safreed, 2L Editor As data collection, use, and analysis become increasingly central to the operations of many companies, users and governments are growing concerned about the risks this data harvesting may pose to individual privacy. Scandals over the past few years, such as Cambridge Analytica’s improper use of Facebook user data during the […]
by Kevin Brown, RBFL Student Editor The desirability and practicality of taxing net wealth has become a hot topic in the United States over the past few months due to support for such a tax by democratic presidential candidates such as Elizabeth Warren.[1]That being so, several European countries have already implemented (and some have […]
by Daniel McCarthy, RBFL Student Editor On July 15, 2019, the House Financial Services Committee introduced the “Keep Big Tech out of Finance” Bill. This Bill, if enacted, would have a few major impacts on the financial services industry. First, the Bill would prohibit technology companies that have an annual global revenue of […]
by Kevin Brothers, RBFL Student Editor On the west coast, California and Oregon are dealing with serious affordable housing crises that have left many struggling to keep a roof over their heads, or left without one altogether. In Oregon, approximately 14,476 individuals are reported to be homeless.[1]The number of those experiencing chronic homelessness […]
by Michael Waalkes, RBFL Student Editor Altera Corp. v. Commissioneris a challenge to the validity of 26 C.F.R. § 1.482-7A(d)(2), which is a part of the framework governing cost-sharing arrangements (CSAs), a tax reduction technique often used by multinational companies. In a CSA, an American parent company and its foreign subsidiary reach an agreement […]
by Inri Panajoti, RBFL Student Editor Facebook recently announced its new currency, termed Libra. Libra’s mission is to “enable a simple global currency and financial infrastructure that empowers billions of people.” Globally, about 1.7 billion adults do not have access to traditional banking and international money transfer fees average around seven percent of the amount […]