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.
Industry Battling Proposed VA Suitability Regulations
By Arthur D. PostalThe American Council of Life Insurers will be asking federal regulators to reject a proposed variable annuity sales suitability regulation developed by the National ...
July 08, 2005
Stolte Promotes Accounting Regulation Changes At NCOIL MeetingA leading insurance regulator is asking state legislators for help with adding tougher internal control and financial reporting requirements to state insurance accounting rules.[@@]Douglas ...
July 06, 2005
Donaldson's Swan SongAt an open meeting one day before his departure on June 30, SEC Chairman William Donaldson remained steadfast in backing the SEC's rule requiring registered investment companies to have a board comprising at least 75% independent directors and an independent chairman, and pushed the rule through once again with help...
July 06, 2005
Ta Officials Ask For Comments On LTC FormThe Internal Revenue Service is seeking comments from the public on Form 1099-LTC, the form that taxpayers use to report benefits from qualified long ...
July 01, 2005
Mini-Sweeps SeasonInvestment advisors and mutual funds are prodding the Securities and Exchange Commission to revamp and curtail its use of its new two-year examination schedule called...
June 30, 2005
SEC Moves Against Tennessee Hedge Fund ManagerKNOXVILLE, Tenn. (HedgeWorld.com)--The Securities and Exchange Commission moved last week to halt the operation of a convertible bond arbitrage hedge fund run by Tenet Asset Management LLC, claiming the fund's principal, Jon E. Hankins, had concealed heavy losses from investors and lied to prospective investors about the fund's performance. A...
June 28, 2005
Panelists Ponder Role Of The CCONewly-empowered compliance officers should focus on ensuring transparency and clearly defining the roles of company officials.[@@]Experts gave that advice here Monday at the opening ...
June 28, 2005
Atkins Calls For Clarity In VA RulemakingThe U.S. Securities and Exchange Commission should tread carefully in establishing disclosures for variable annuities at the point of sale, an SEC commissioners said ...