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.
Feds: Is a Stable Value Fund a Swap? If So, What Then?
By Allison BellFederal swaps regulators are asking whether the contracts at the heart of stable value funds should be regulated as swaps, and, if so, how that might affect the funds' cost and availability.
August 18, 2011
Noncompliance Roundup: Stifel, Nicolaus; Citigroup; JanneyA roundup of recent charges, penalties and settlements--this week relating to fraud, insider trading and failure to supervise--from the SEC and FINRA.
August 18, 2011
IRS Finally Issues Guidance on 2010 Estate TaxEstates of decedents who died in 2010 finally have guidance from the IRS on how to opt out of estate tax treatment and allocate carryover basis to estate property.
August 17, 2011
IRS Adds Variable Annuity Issues to To-Do ListTax accounting issues of interest to variable annuity issuers have made it onto the guidance development project list at the Internal Revenue Service.
August 16, 2011
IRS Adds Variable Annuity Issues to To-Do ListTax accounting issues of interest to variable annuity issuers have made it onto the guidance development project list at the Internal Revenue Service.
August 15, 2011
IRS Releases Annuity-LTC Exchange GuidanceThe Internal Revenue Service has come out with a document, IRS Notice 2011-68, that discusses the tax rules that apply to annuity-long term care benefits hybrids and exchanges of annuity cash surrender value for qualified LTC insurance.
August 15, 2011
SEC Launches Inquiry into S&P Downgrade: Financial TimesThe Financial Times reports that the SEC has asked S&P to disclose who knew of its decision to downgrade U.S. debt before it was announced, as part of a preliminary investigation into potential insider trading.
August 15, 2011
SEC Launches Whistleblower Webpage to Report ViolationsWith the official launch of its Whistleblower office on Friday, the SEC also launched a webpage that allows individuals to report a violation of the federal securities laws and apply for a financial award.