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.
FINRA Fines 5 Broker-Dealers
By Marlene Y. SatterFive broker-dealers were fined by FINRA for understating the amount of total commissions they charged to customers in trade confirmations and on fee schedules.
September 06, 2011
IRS Goes Back To Drawing Board on Estate CostsThe Internal Revenue Service is scrapping proposed estate administration cost deduction rules it released in 2007.
September 06, 2011
SEC Gets Court Order Against Investment FirmThe U.S. Securities and Exchange Commission has obtained an emergency court order in a case involving what officials say is a firm that has just been pretending to be active in the life settlement industry.
September 05, 2011
IRS Official: PPACA Ate Our 403(b) HomeworkEfforts to implement major new health care and financial services laws are getting in the way of an Internal Revenue Service initiative to update 403(b) retirement plan procedures.
September 05, 2011
SEC Gets Court Order Against Investment FirmThe U.S. Securities and Exchange Commission has obtained an emergency court order in a case involving what officials say is a firm that has just been pretending to be active in the life settlement industry.
September 05, 2011
Is the Carried Interest Loophole Closing?The Taxs Courts decision in Dagres v. Commissioner brings 'carried interest' into question.
September 01, 2011
How Much Is Too Much?As I’m sure is true for many of you, one of my favorite pastimes is reading up on the latest FINRA changes. Recently, I was reading an article about…
September 01, 2011
House Committee May Unveil SRO Bill after September 13 HearingWashington insiders are betting that the House Financial Services Committee will introduce legislation calling for a self-regulatory organization (SRO) for advisors.