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.
Former EBSA Head Campbell Joins Drinker Biddle & Reath
By Melanie WaddellBrad Campbell, former head of the Department of Labors Employee Benefits Security Administration, has joined Drinker Biddle & Reath as counsel in the law firms Employee Benefits & Executive Compensation Practice Group in Washington.
February 16, 2012
SEC Tightens Rule on Advisory Performance FeesThe SEC announced Thursday that it is tightening its rule on investment advisory performance fees to raise the net worth requirement for investors who pay performance fees by excluding the value of the investors home from the net worth calculation.
February 13, 2012
Obama's 2013 Budget Calls for Stronger Defined Benefit Pension SystemThe President's 2013 budget proposal seeks to give the board of the Pension Benefit Guaranty Corp. (PBGC) authority to adjust premiums and evaluate risks, to keep it viable for the times when plans fail.
February 10, 2012
IRS: We'll Address Shared Responsibility SoonOfficials say in a response to frequently asked PPACA questions that they're still working on the answers.
February 09, 2012
IRS to Business Owners: Did You File Your 1099s?Business owners will find two new questions on their income tax forms this year.
February 08, 2012
Bad Apple Advisors and Senior ClientsThose few bad apple advisors can certainly spoil it for all the good advisors, not to mention the clients who look to them for trust and sound financial advice.
February 08, 2012
IRS, Europe Join to Target Americans Holding Foreign AccountsThe governments of France, Germany, Italy, Spain and the U.K. joined with the Treasury Department to express intent to use a government-to-government framework to implement the requirements of FATCA, which target evasion by U.S. taxpayers using foreign accounts.
February 08, 2012
How to Be a 501(c)(29) EntityThe new IRS Revenue Procedure 2012-11 sets up procedures for would-be CO-OP carrier organizers.