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.
IRS Posts Settlement Ruling
By Allison BellThe Internal Revenue Service has issued advice on how a life settlement investor should handle interest costs when computing earnings and profits.
September 03, 2009
FINRA Settles With 3 Firms Over SecuritiesThe Financial Industry Regulatory Authority has announced today that it has agreed to settlements with 3 more firms to settle charges of failing to disclose the risks of auction rate securities they sold.
September 03, 2009
DOL Advances Rule For Stressed PlansThe U.S. Department of Labor has proposed a regulation to impose fines on sponsors of multiemployer defined benefit pension plans under financial stress if they fail to act to correct their problems.
September 03, 2009
FINRA Settles With 3 Firms Over SecuritiesThe Financial Industry Regulatory Authority has announced today that it has agreed to settlements with 3 more firms to settle charges of failing to disclose the risks of auction rate securities they sold.
September 03, 2009
DOL Advances Rule For Stressed PlansThe U.S. Department of Labor has proposed a regulation to impose fines on sponsors of multiemployer defined benefit pension plans under financial stress if they fail to act to correct their problems.
September 02, 2009
New universal life plan from Mutual of Omaha ensures estates go to heirs instead of IRSMutual of Omaha, Omaha, Neb., has introduced their new Guaranteed Universal Life Survivor (GULS) plan, allowing clients to ensure that their estate will go to their heirs instead of the IRS.
September 02, 2009
SEC Inspector General Report: SEC Ignored Madoff FraudKotz says SEC never took the steps to prevent Ponzi scheme