
ProShares Halts Leveraged ETF Plans After SEC Warning
ETF provider ProShares has withdrawn plans for several highly leveraged funds after the U.S. Securities and Exchange Commission flagged significant risk concerns.

Tomislav Novak is an analytical journalist who delves into the intricacies of government regulations and their ripple effects across various sectors. He is particularly adept at dissecting legal and administrative frameworks.
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ETF provider ProShares has withdrawn plans for several highly leveraged funds after the U.S. Securities and Exchange Commission flagged significant risk concerns.

The UK has passed a new law that formally recognizes digital assets, including cryptocurrency, as property, providing greater legal clarity and protection for owners.

The IRS is advising taxpayers to prepare early for the 2025 filing season due to new tax laws and the phase-out of paper refund checks.

The IRS has released guidance on new "no tax on tips" and "no tax on overtime" provisions from the One Big Beautiful Bill Act, effective for the 2025 tax year. Millions of workers can deduct up to $25

The latest Budget introduces major financial changes, including frozen income tax thresholds, new EV road taxes, reduced cash ISA allowances for under 65s, and increased minimum wages.

Millions of Americans face steep health insurance premium hikes as enhanced ACA subsidies are set to expire. State-run exchanges are prepared but face uncertainty over a complex congressional debate.

A bipartisan Senate bill aims to give the CFTC authority over crypto spot markets, including Bitcoin, as the market experiences significant volatility.

Representative Nancy Pelosi's plan to retire in 2027 is fueling a renewed bipartisan campaign to impose term limits on members of Congress, highlighting a national debate on aging leadership.

JPMorgan Chase and Bank of America have disclosed in SEC filings that they are responding to inquiries related to President Trump's executive order on 'debanking'.

The IRS Direct File program, offering free federal tax filing, will not be available for the 2026 tax season, confirmed by an IRS official. The program, developed under the Biden administration, faced

Texas voters have passed a constitutional amendment to increase the homestead exemption from $100,000 to $140,000, promising significant property tax relief.

President Trump is defending his pardon of Binance founder Changpeng Zhao, claiming he doesn't know the billionaire despite family business ties.

Global law enforcement agencies and financial regulators are intensifying their scrutiny of the cryptocurrency market, leading to major arrests, asset seizures, and restrictive court rulings.

The Centers for Medicare and Medicaid Services claims five states and D.C. misused over $1 billion on immigrant healthcare, a charge states strongly deny.

A new analysis reveals that states with the most favorable tax policies often lack a major tax, such as on personal income or sales, creating a competitive advantage.

Pandemic-era telehealth rules for Medicare have expired, leaving thousands of patients in Vermont without coverage for virtual care and forcing providers into a risky waiting game.