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.
FINRA Updates Comp Rule
By Allison BellThe Financial Industry Regulatory Authority wants to change the recordkeeping requirements for variable insurance sellers who get non-cash compensation.
April 20, 2009
EIA Sellers Reject SEC PremiseThe fact that "insurance" involves risk taking does not mean that an annuity is automatically subject to U.S. Securities and Exchange Commission regulation, annuity industry lawyers argue in a new brief.
April 19, 2009
SEC: Our Move On Index Annuities Is 'Reasonable'The U.S. Securities and Exchange Commission has filed a court brief defending its decision to regulate some indexed annuities as securities.
April 17, 2009
MetLife Backs SEC Oversight Of Indexed AnnuitiesMetLife Inc. has filed a brief with a Federal Court supporting the Securities and Exchange Commission in its position that equity indexed annuities are securities.
April 16, 2009
MetLife Backs SEC Oversight Of Indexed AnnuitiesMetLife Inc. has filed a brief with a Federal Court supporting the Securities and Exchange Commission in its position that equity indexed annuities are securities.
April 14, 2009
FINRA Imposes VA Sales FineThe Financial Industry Regulatory Authority has taken disciplinary action in connection with allegations of inappropriate sales of variable annuities.
April 14, 2009
IRS Drafts 403(b) Prototype RulesThe Internal Revenue Service is moving ahead with efforts to start a program that would pre-approve prototype Section 403(b) retirement plans.
April 14, 2009
FINRA Imposes VA Sales FineThe Financial Industry Regulatory Authority has taken disciplinary action in connection with allegations of inappropriate sales of variable annuities.