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.
Coalition Recruits Insurers For Optional Federal Charter Effort
By Arthur D. PostalDozens of large life insurers may sign a letter asking Congress to give life insurers the option of choosing between state regulation and federal ...
May 18, 2005
Company Group Funds New Agent OrganizationA new trade association for insurance agents has been formed to support passage of an optional federal charter.The group, Agents for Change, has been ...
May 17, 2005
IRS Posts Life And Annuity Reserve RatesThe Internal Revenue Service has published a document that lists interest rate assumptions life insurers can use when computing reserves.[@@]The document, Revenue Ruling 2005-29, ...
May 17, 2005
SOX Compliance Is Now Easier, Groups SayActions by federal regulators will cut the cost of compliance with the controversial Section 404 of the Sarbanes-Oxley Act, trade groups say.[@@]The moves by ...
May 16, 2005
Federal Agencies Publish To-Do ListsThe Internal Revenue Service and many other federal agencies have updated their regulatory agenda.[@@]Many items on the agenda, which appear every 6 months, deal ...
May 16, 2005
Pension Consultants Must Identify ConflictsMore than half of U.S. pension consulting firms or their affiliates are selling services both to pension plans and to money managers on an ...
May 16, 2005
IRS Rules On Reserve Fund Ta StatusA new federal tax ruling could help cut income taxes at group insurers that use premium stabilization reserves.[@@]The ruling applies to carriers that write ...
May 16, 2005
SEC Remains Vague On SOX 404The U.S. Securities and Exchange Commission wants to continue to be vague about compliance with Section 404 of the Sarbanes-Oxley Act.[@@]SEC officials say they ...