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 Answers Modified Endowment Contract Question
By Staff WriterFederal officials have issued guidance that may be of interest to financial advisors in the executive benefits market.The Internal Revenue Service has answered a question ...
June 01, 2007
FPA Wins Appeal on Merrill/BD Rule; SEC ConcedesA federal court of appeals has ruled in favor of the Financial Planning Association (FPA) in its case against the Securities and Exchange Commission over...
May 29, 2007
IRS Proposes 2008 Pension Mortality TablesThe Internal Revenue Service is trying to give pension plan administrators and others the figures they need to calculate defined benefit plan present values and ...
May 29, 2007
IRS Proposes 2008 Pension Mortality TablesThe Internal Revenue Service is trying to give pension plan administrators and others the figures they need to calculate defined benefit plan present values and ...
May 24, 2007
Final 409A Regs Both Blessing and CurseEmployers and benefit professionals who had been eagerly awaiting the IRS's recently released final regulations for its Code Section 409A, the section of the tax...
May 24, 2007
FPA Faces June 4 Deadline in Merrill DecisionGiven that the Financial Planning Association has until June 4 to file a response to the SEC's request that the U.S. Court of Appeals for the D.C. Circuit give broker/dealers four months to convert their fee-based accounts, the FPA is now weighing its options, says Merril Hirsh, a partner at...
May 23, 2007
BISYS Settles With SECA financial services support company says it has completed previously announced efforts to respond to an investigation by the U.S. Securities and Exchange Commission.BISYS Group ...
May 20, 2007
SEC Decides Not To Appeal Broker-Dealer RulingThe U.S. Securities and Exchange Commission says it will drop a court battle to exempt broker-dealers who collect fees as well as commissions from the ...