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 Downplays Effect Of Annuity Rule On Agents, Sales
By Staff WriterStaffers at the U.S. Securities and Exchange Commission say the benefits of putting indexed annuities under SEC jurisdiction would far outweigh the costs to product ...
January 02, 2009
Employee Benefits Security Administration Releases Pension Protection Act Penalty RegulationsThe federal government now has the rules it needs to fine plan administrators for violating Pension Protection Act of 2006 notice requirements.
January 02, 2009
EBSA Releases PPA Penalty RegsThe federal government now has the rules it needs to fine plan administrators for violating Pension Protection Act of 2006 notice requirements.The Employee Benefits Security ...
January 01, 2009
House Members To Ask Treasury For OIILawmakers already have drafted a letter calling for the incoming Treasury secretary to use existing authority to create an Office of Insurance Information.
January 01, 2009
Breaking News: Insurance Companies, IMOs, File 151A Suit Against SECA coalition of insurance companies and independent marketing organizations has filed suit in federal court to overturn Rule 151A, the newly published rule by the Securities and Exchange Commission that classifies indexed annuities as securities. The
January 01, 2009
Guide to Compliance: An Outline of CMS Medicare Sales and Marketing Regulations for 2009In mid-September 2008, the Centers for Medicare and Medicaid Services (CMS) issued updated marketing and sales guidelines for Medicare Advantage (MA) and prescription benefit programs (PBP). Below, you will find an outline of the new regulations,
January 01, 2009
B/D Briefings News & ProductsOn December 1, 2008, Securian Financial Group's acquisition of Capital Financial Group, Inc. and its broker/dealer affiliate, H. Beck, Inc., closed. The acquisition, announced in...
January 01, 2009
SEC Requires 'Concise' InfoThe Securities and Exchange Commission has voted unanimously to require fund companies "to provide investors with a concise summary -- in plain English -- of...