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.
Current Regulations Give Banks No Downside
By Ben WarwickEver wonder how private equity shops can generate such impressive internal rates of return?
January 14, 2011
AIG Completes Recapitalization DealAmerican International Group Inc. today took a big step toward disentangling itself from the federal government.
January 14, 2011
Groups Pan Target Date Fund Illustration ProvisionRetirement plan vendors and retirement plan advisors are asking the Employee Benefits Security Administration to clarify a target date fund disclosure proposal.
January 14, 2011
Judge Approves $7.2 Billion Settlement in Madoff FraudA historic $7.2 billion deal was approved Thursday to settle a lawsuit brought against the estate of one of the oldest and wealthiest clients of disgraced financier Bernard Madoff.
January 14, 2011
IRS Rules Renew Interest in Cash Balance Pension PlansUncertainty surrounding plans ‘virtually eliminated,’ says Towers Watson.
January 13, 2011
Groups Pan Target Date Fund Illustration ProvisionRetirement plan vendors and retirement plan advisors are asking the Employee Benefits Security Administration to clarify a target date fund disclosure proposal.
January 13, 2011
As Fiduciary, SRO Reports Loom, Financial Planning Coalition Airs WorriesNext week is a crucial one for advisors as three reports mandated under Dodd-Frank will be handed to Congress—the SEC will deliver its studies on the need for a SRO for advisors on Jan. 17 and fiduciary duty on Jan. 21, while the GAO will deliver its study on regulation...
January 12, 2011
FINRA Private Placement Proposal Exempts Variable ProductsThe Financial Industry Regulatory Authority plans to keep an exemption for variable life and annuity products in a private placements rule it is updating.