The SEC approved the consolidation of the member firm regulatory functions of the National Association of Securities Dealers Inc. and NYSE Regulation Inc. The consolidated organization will be called the Financial Industry Regulatory Authority, or FINRA.

FINRA, operating under SEC oversight, will regulate all securities firms that do business with the public, including with respect to professional training, testing and licensing of registered persons, arbitration and mediation. FINRA also will be responsible, by contract, for regulating the Nasdaq stock market, the American Stock Exchange and the International Securities Exchange.

NYSE Regulation Inc. will continue to be responsible for the regulatory oversight of trading on the NYSE.

To view the SEC order approving the amendments to NASD’s bylaws, visit .


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.