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.
Latest AIG Stock Sale Means Government Has Been Repaid for Bailout
By Arthur D. PostalThe latest sale of American International Group stock now underway by the U.S. Treasury means that the federal government has fully recouped its investment in the company and has in fact made $15.1 billion, AIG and Treasury officials said Tuesday afternoon.
September 11, 2012
AIG Stock Sale Could Trigger Federal RegulationAmerican International Group is on the verge of becoming the first insurance holding company ever regulated by the federal government.
September 10, 2012
SEC’s Schapiro to AdvisorOne: Fiduciary Issue Still ‘Important’Before meeting with industry heavyweights on Tuesday regarding the fiduciary rule, Schapiro told AdvisorOne that the SEC is still working to advance a fiduciary rulemaking.
September 10, 2012
SEC Charges 3 Brokers for Churning, Costing Clients $2.7 MillionThe SEC said Monday that it has charged three former brokers at an Atlanta-based brokerage firm, JP Turner & Co., for churning the accounts of customers with conservative investment objectives, causing the customers to lose $2.7 million.
September 10, 2012
AIG on the Verge of Federal RegulationAmerican International Group is on the verge of becoming the first insurance holding company ever regulated by the federal government.
September 07, 2012
Tax Tips for the Casual Gambler From the IRSFor one thing, your winnings are fully taxable, but so are your losses...and keep good records!
September 07, 2012
DOL Safe Harbor Clarification for Lifetime Guarantees Sought by NAIC, Life InsurersPrudential and other life insurers are joining the NAIC in requesting that annuity products, especially those that provide guaranteed lifetime income, are given safe harbor under ERISA's fiduciary rules.
September 07, 2012
DOL Safe Harbor Clarification for Lifetime Guarantees Sought by NAIC, Life InsurersPrudential and other life insurers are joining the NAIC in requesting that annuity products, especially those that provide guaranteed lifetime income, are given safe harbor under ERISA's fiduciary rules.