Financial Services

The Marriage Of High Tech And High Finance

The lines between financial services and high technology are becoming increasingly blurred. Four major technological changes will disrupt financial services in the years ahead. At French bank BNP Paribas, chief executive Jean-Laurent Bonnafé is on a mission to build what he calls “the bank of the future”. He is clearly prepared to give his plan […]

Possible Regulatory Relief On Horizon For Community Financial Institutions

On April 26, 2017 Thomas Jeb Hensarling the Chairman of the House Financial Services Committee, proposed the Financial CHOICE (“Create Hope and Opportunity for Investors, Consumers and Entrepreneurs) Act. The bill proposes to roll back regulations created by the 2010 Dodd-Frank Act. On June 8th, the House of Representatives voted along party lines passing the […]

The Evolution Of Banking

Over a decade ago looking at the state banking webpage for my home state of New Jersey, there were approximately 250 banks doing business in the state then. A similar check today would yield a list of less than 150 or so; a more than 40% decline. With banking regulation at an all-time high, the […]

Who is Mazars?

We are pleased to announce an exciting development for the new year! As of January 1, 2017 we have officially changed our name to Mazars USA LLP. As the world’s 11th largest accounting firm, the Mazars name is renowned around the globe. Our new name reflects our expanded international capabilities and reinforces our standing as […]

Consolidated Audit Trail Approved By The Securities And Exchange Commission

The Securities and Exchange Commission (“SEC”) approved a plan on November 15, 2016, to create the consolidated audit trail (“CAT”), a central data source to collect and accurately identify every order, cancellation, modification and trade execution for all exchange-listed equities and options across all U.S. markets. This plan is pursuant to SEC Rule 613, in […]

Post Election Review of Tax Policy

Significant changes could occur to the federal tax law for individuals and businesses as a result of Donald Trump’s election as the 45th President of the United States, along with the Republicans maintaining a majority in the United States House of Representatives and the United States Senate. Comprehensive tax reform has been a cornerstone of […]