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 Publishes CLAT Samples
By Staff WriterThe Internal Revenue Service has released two batches of guidance of interest to advisors in the charitable planning market.The new revenue procedure documents provide annotated ...
June 24, 2007
IRS Cautious On Tax Issues Regarding Principles-Based ReservingInsurers and their tax experts are saying that a new principles-based reserving system that is being developed for life insurance products fits within current U.S. ...
June 24, 2007
Regulations For Distributions From Roth 401(k) Plans FinalizedThe Treasury Department and the Internal Revenue Service recently issued final regulations relating to Roth 401(k) and Roth 403(b) accounts.These final regulations provide guidance on ...
June 21, 2007
Compliance Help From the SECThe Securities and Exchange Commission is now providing a ComplianceAlert letter to chief compliance officers of SEC-registered firms to help them learn more about the common deficiencies and weaknesses that the SEC examiners find during exams.
June 21, 2007
Feds Verify School Annuity ComplianceThe Internal Revenue Service is expanding a program to ensure that U.S. public schools are offering 403(b) retirement plans.Federal law requires schools to make the ...
June 21, 2007
Feds Verify School Annuity ComplianceThe Internal Revenue Service is expanding a program to ensure that U.S. public schools are offering 403(b) retirement plans.Federal law requires schools to make the ...
June 21, 2007
IRS Official Raises Yellow Flags On Reserving ShiftAn Internal Revenue Service life actuary has expressed concerns about efforts to replace the current formula-based reserving system.The IRS actuary, Allen Booth of Brookfield, Wis., ...
June 21, 2007
IRS Official Raises Yellow Flags On Reserving ShiftAn Internal Revenue Service life actuary has expressed concerns about efforts to replace the current formula-based reserving system.The IRS actuary, Allen Booth of Brookfield, Wis., ...