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.
12b-1 Headed for an Overhaul
By Melanie WaddellEight months after holding a roundtable discussion on its Rule 12b-1, the SEC is planning a "complete overhaul" of the rule, according to SEC Chairman...
March 28, 2008
ASPPA, COPA Weigh In On Proposed Hybrid RegsExperts at the American Society of Pension Professionals & Actuaries and the College of Pension Actuaries have submitted detailed comments on proposed hybrid pension plan ...
March 28, 2008
DOD: Cash Payments May Not Violate Tricare RulesThe U.S. Department of Defense has proposed new regulations for coordination of private employee benefits with Tricare.Tricare is a federal program that provides health coverage ...
March 27, 2008
FINRA Implements Rule Easing Sales Lit Review StandardsThe Financial Industry Regulatory Authority Inc. has changed some investment product sales literature approval requirements.FINRA, Washington, has issued a document, Regulatory Notice 08-12, which amends ...
March 25, 2008
Cox to Get Rand Recommendations by May 5The SEC's Director of Investment Management, Buddy Donahue, told a packed room at the Investment Adviser Association's (IAA) compliance conference in Washington March 21 that he and Eric Surri, director of the SEC's Trading and Markets division, will deliver to SEC Chairman Christopher Cox by May 5 steps the Commission...
March 23, 2008
Big Changes In Store ForParticipants enrolled in 403(b) plans can expect big changes next year, many of them for the better. That's because on January 1, 2009 new rules ...
March 14, 2008
IRS Rules On Cedings To Non-U.S. CarriersNew guidance on taxation of the insurance premiums that U.S. insurers cede to foreign insurers and reinsurers could have some effect on life insurers.The Internal ...
March 14, 2008
IRS Updates Defined Contribution Plan Determination Letter ProcessThe Internal Revenue Service hopes to issue opinion and advisory letters for pre-approved defined contribution plan documents starting March 31.The letters will cover documents from ...