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.
SEC Promises Congress Madoff Reports
By Melanie WaddellDavid Kotz, the Securities and Exchange Commission's Inspector General, told Congress January 5 that his office has been "working at a rapid pace" since December 17 to investigate why the SEC failed to shutter the Bernie Madoff ponzi scheme.
January 05, 2009
House Hearing on Madoff Scandal on January 5The Financial Services Committee of the U.S. House, chaired by Rep. Barney Frank will hold a hearing on Monday, January to discuss the Ponzi scheme allegedly perpetrated by Bernard Madoff and his firm, Bernard L. Madoff Investment Securities
January 04, 2009
Lots Of Change In Store For IndustryThe life insurance industry will be joining the crowd in 2009 in welcoming in a year that will certainly be challenging--but one which could bring unprecedented opportunity for positive change.
January 02, 2009
Employee Benefits Security Administration Releases Pension Protection Act Penalty RegulationsThe federal government now has the rules it needs to fine plan administrators for violating Pension Protection Act of 2006 notice requirements.
January 02, 2009
EBSA Releases PPA Penalty RegsThe federal government now has the rules it needs to fine plan administrators for violating Pension Protection Act of 2006 notice requirements.The Employee Benefits Security ...
January 01, 2009
House Members To Ask Treasury For OIILawmakers already have drafted a letter calling for the incoming Treasury secretary to use existing authority to create an Office of Insurance Information.
January 01, 2009
Breaking News: Insurance Companies, IMOs, File 151A Suit Against SECA coalition of insurance companies and independent marketing organizations has filed suit in federal court to overturn Rule 151A, the newly published rule by the Securities and Exchange Commission that classifies indexed annuities as securities. The
January 01, 2009
Guide to Compliance: An Outline of CMS Medicare Sales and Marketing Regulations for 2009In mid-September 2008, the Centers for Medicare and Medicaid Services (CMS) issued updated marketing and sales guidelines for Medicare Advantage (MA) and prescription benefit programs (PBP). Below, you will find an outline of the new regulations,