President Trump’s new executive leadership is likely to bring increasing uncertainty for businesses in the area of tax law as the Internal Revenue Service (IRS) struggles to make sense of the reach and intent of some of the President’s recent orders on federal rulemaking. In one of his first major acts after taking office, President…
Tag: regulatory reform
The Potential Whiplash of Bandimere
In the last week of 2016, the U.S. Securities and Exchange Commission (SEC) received some news that spoiled its New Year’s celebrations. On December 27, 2016, the 10th Circuit Court of Appeals held that the SEC’s procedure for appointing its administrative law judges (ALJs) is unconstitutional.1 The 10th Circuit’s holding in Bandimere v. SEC not…