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Supporters hope Tobin tax would reduce yuan speculation; opposition sees FX tax as 'contrary to the spirit of a freely usable currency.'
Last year's transactions totaled $14.4 billion, up 54% from 2014.
AIG, BNY Mellon and BB&T unit sought to save $1.5 billion.
A rise in the dollar in response to more easing in Europe could encourage the Fed to go slow on rate hikes.
The Fed isnt likely to push U.S. rates below zero, but treasurers of multinationals still have to cope with negative rates overseas.
Legal determination that plan assets were used improperly means fiduciaries must return $1.6 million withdrawn improperly, plus $134,431 of opportunity costs.