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.
Maine Senator Comes Out Against OFC Concept
By Mark E. RuquetA 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 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...
April 01, 2008
SEC: "We hear you"The Securities and Exchange Commission has proposed an amendment to Part 248 Reg S-P: Privacy of Consumer Information and Safeguarding Personal Information, that may make...
April 01, 2008
Plain English, PleaseAfter much anticipation, on February 13 the SEC proposed amendments to Part 2 of Form ADV, which would require advisors to provide a plain-English narrative...
April 01, 2008
FINRA and SEC Look to Build BridgesKeeping the lines of communication open between broker firms and the regulating agencies of the Financial Industry Regulatory Authority and the Securities and Exchange Commission...