Fashion designers are taking aim at an unexpected piece of headwear: bike helmets. Some are streamlined, nicer-looking versions of the standard helmet, while others are new designs, such as one with a collar that inflates like an airbag when the rider falls.
Former Assistant U.S. Attorney Ellen Zimiles, now of Navigant Consulting, says banks beyond the largest five should expect to see regulators investigating potential money-laundering infractions. As regulators work their way through big banks, they might take time to get to the next level, she says, "but they will get there."
The Internal Revenue Service has rolled out online registration for foreign financial firms that must comply with the Foreign Account Tax Compliance Act. However, questions remain, such as whether U.S. companies with lending businesses abroad have to comply.