Federal Regulation
Get the latest news and insights on regulatory developments affecting financial advisors and the stock market and trading, including news about the SEC, DOL, IRS and the Financial Industry Regulatory Authority.
Big Changes In Store For 403(b) Plans Come 2009
By Warren S. HerschParticipants enrolled in 403(b) plans can expect big changes next year, many of them for the better. That's because on Jan. 1, 2009 new rules ...
April 03, 2008
Maine Senator Comes Out Against OFC ConceptA New England Republican lawmaker who once served as an insurance regulator says she is against the idea of letting insurers and producers choose between ...
April 03, 2008
Maine Senator Comes Out Against OFC ConceptA New England Republican lawmaker who once served as an insurance regulator says she is against the idea of letting insurers and producers choose between ...
April 02, 2008
IRS Rules On Split Dollar Arrangement ChangesThe Internal Revenue Service says taxpayers can make some changes to split-dollar life insurance arrangements without triggering "material change" rules.If the parties to an arrangement ...
April 01, 2008
Seminars and credentials go under the microscopeNote: FINRA's Regulatory Notice 07-43 echoes a series of complaints and issues in the securities sales area that were addressed in California in Senate Bill 620 with respect to the sale of life insurance, including annuities, to seniors. A leading
April 01, 2008
Cost Segregation Audit Techniques GuideThe IRS is trained to look at 13 principal elements of a cost segregation study. Space limitations don't allow for a discussion of this but...
April 01, 2008
Industry Groups Support SEC Summary ProposalThe fund industry's Investment Company Institute says it agrees with federal regulators over the practice of supplying fund investors with short, simple summary prospectuses. The...
April 01, 2008
It's About TimeInvestment industry execs seem to agree that the SEC's proposed short-form mutual fund prospectus is long overdue. The novel-length, arcane prospectus that investors get now...