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.
Fee-Based Annuities Get IRS Nod
By Melanie WaddellIn a private letter ruling, IRS said advisory fees could be paid out of annuities without being taxed.
August 09, 2019
Scalia, Trump's Pick for DOL Chief, Likely to Abstain From Fiduciary RulemakingEugene Scalia represented the brokerage industry in successfully fighting Labor's previous fiduciary rule in court.
August 09, 2019
SEC Lets Symetra Put Insurance-Style Financial Statements in Annuity FilingsThe new letter ruling continues an SEC shift that could make annuities cheaper for issuers to administer.
August 09, 2019
The SEC Investment Adviser Standard of Conduct: A BreakdownThis is the second in a series of columns summarizing the SEC's new conduct standards.
August 09, 2019
IRS Posts Tax Help for Life InsurersRevenue Procedure 2019-34 will help insurers account for how they pay you.
August 08, 2019
RIA Wins $347K Arb Award From SchwabLaguna Financial Group and its owner argued that the custodial firm assisted a rival.
August 08, 2019
FINRA Launches Reg BI Webpage, Plans WorkshopsThe BD regulator is also urging broker-dealers to submit questions to the SEC about Reg BI and Form CRS.
August 05, 2019
Senate Democrats Fight IRS Ban on SALT Deduction Cap WorkaroundsSenate Democrats are attempting to overturn a recently finalized rule through the Congressional Review Act.