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.
EIA Sellers Reject SEC Premise
By Arthur D. PostalThe 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 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.
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 09, 2009
A bunch of drunken 12-year-oldsI'd laugh if so much wasn't at stake. Congressman Jared Polis (D-CO) wrote an op-ed in the Wall Street Journal a while back when all...
April 09, 2009
SEC: Annuity Move ReasonableThe U.S. Securities and Exchange Commission has filed a court brief defending its decision to regulate some equity-indexed annuities as securities.