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.
Wheels of Blueprint in Motion
By Melanie WaddellHouse Financial Services Committee Chairman Barney Frank (D-Massachusetts) said July 10 that there's a consensus building that more financial services regulation is needed, and that Congress "should be moving to empower the Federal Reserve Board to have regulatory authority over a wide range of financial institutions."
July 10, 2008
IRS Drafts Public Plan Distribution RuleThe Internal Revenue Service is implementing a provision of the Pension Protection Act of 2006 that could help government retirement plans.The IRS has published a ...
July 10, 2008
IRS Drafts Public Plan Distribution RuleThe Internal Revenue Service is implementing a provision of the Pension Protection Act of 2006 that could help government retirement plans.The IRS has published a ...
July 03, 2008
SEC Gets Earful On Indexed Annuity DraftMembers of the public are submitting a flurry of reactions to efforts by the U.S. Securities and Exchange Commission to define indexed annuities as securities.Comments ...
July 02, 2008
SEC Nominees ConfirmedThe Senate confirmed on June 27 three new SEC commissioner nominees. Elisse Walter, senior VP of Regulatory Policy & Programs at FINRA, has been confirmed to be...
July 02, 2008
IRS Develops Correction ProceduresThe Internal Revenue Service has posted a batch of revenue procedures that may help life insurers handle mistakes.Revenue Procedure 2008-38 provides a procedure that a ...
July 01, 2008
Riding the SEC rollercoasterIt's been nearly a week since the Securities and Exchange Commission voted 3-0 to define equity indexed annuities as securities and I have a question to ask: Are you strapped in tight for the SEC rollercoaster? Who knows how this will play
July 01, 2008
SEC Eyes Funding Agreement RegistrationThe U.S. Securities and Exchange Commission is asking how to apply efforts to de-emphasize credit ratings to the registration requirements for insurance funding agreement securitizations.SEC ...