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Bob Dowd is CEO of moneycorp Americas.

The Internal Revenue Service’s Criminal Investigation Division issued a warning Thursday about a new wave of COVID-19 scams tied to the latest round of stimulus payments, especially targeting taxpayers in the District of Columbia.

Last month's COVID-19 relief bill has accountants recommending some deductions to clients, and wondering about the applicability of others.

“The sheriff is coming to the preeminent financial regulator in the world,” said Justin Slaughter, a consultant at Mercury Strategies. “It means regulation and enforcement are about to get much tougher.”

Mark McElroy is EVP and head of TransUnion's insurance business, leveraging advanced analytics and modeling to help the industry underwrite more effectively, target qualified prospects, improve acquisition and retention efforts, and identify and prevent fraudulent activity. He also contributes to the expansion of the practice through tactical development and implementation of insurance solutions in regions across the globe. Prior to joining TransUnion in 2012, McElroy was CEO and president of Balboa Insurance Group, a Bank of America company. He received a bachelor’s degree in economics from the University of Nebraska–Lincoln.

The firm’s aggressive hiring streak continues with the onboarding of several wirehouse advisors.

BlackRock’s CEO joins a chorus of corporate voices reconsidering their roles in the political process in the wake of the Jan. 6 unrest.

Even as the numbers improve, Black and Hispanic advisors are still vastly underrepresented within the industry.

A slower-than-expected rollout of the COVID-19 vaccines and the threat of social unrest after the Jan. 6 riot at the U.S. Capitol could threaten the recovery, according to an American Bankers Association panel.

Two former FINRA employees are joining the fast-growing brokerage app.