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.
SEC Redefines Insurance Suitability Qualifiers for Certain Products
By Robert Bloink, William H. ByrnesThe SEC recently redefined the accredited investor standard that is used to determine whether insureds are permitted to purchase exotic insurance products.
January 06, 2012
IRS Puts W-2 Health Advice in a NutshellEmployers can keep HSAs and LTCI out; transitional rules apply to stand-alone dental.
January 05, 2012
DOL to AdvisorOne: Department ‘Has Not Signaled’ Extension of April 1 Fee Disclosure DeadlineWhile rumors were flying that Labors Employee Benefits Security Administration planned to push back the April 1 deadline for compliance with its fee disclosure regulations, a DOL spokesman told AdvisorOne on Thursday that the department had 'not signaled' that the deadline would be extended.
January 04, 2012
SEC Brings Up Charges on Life Partners HoldingsThe SEC alleges that Life Partners Holdings Inc., in conjunction with Dr. Donald T. Cassidy, purposefully underestimated the life expectancies of policyholders in what may be a punishing episode for the secondary market's larger reputation.
January 04, 2012
SEC Brings Up Charges on Life Partners HoldingsThe SEC alleges that Life Partners Holdings Inc., in conjunction with Dr. Donald T. Cassidy, purposefully underestimated the life expectancies of policyholders in what may be a punishing episode for the secondary market's larger reputation.
January 03, 2012
DOL Faces Bi-Partisan Pushback Against Proposed Fiduciary StandardFifty-five House Republicans joined 30 House Democrats in early December to request that the Department of Labor significantly narrow its definition of fiduciary in a rule the agency is currently drafting that would impact the sale of retirement products.
January 03, 2012
IRS Posts W-2 Health Reporting GuidanceEmployers need not include voluntary, employee-paid hospital indemnity and critical illness premiums in the total.
January 03, 2012
IRS Posts W-2 Health Reporting GuidanceEmployers need not include voluntary, employee-paid hospital indemnity and critical illness premiums in the total.