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.
Protecting the Elderly
By Melanie WaddellLawmakers, the Securities and Exchange Commission, and state regulators are bent on making sure advisors with designations touting expertise when it comes to helping seniors are closely scrutinized.
September 01, 2007
FINRA Interim BoardThe Financial Industry Regulatory Authority (FINRA), the newly combined NASD-NYSE regulatory agency, announced the appointment of a 23-member Interim Board of Governors on August 2....
August 29, 2007
Standing Up for ShareholdersA new Web site intended to help organize thousands of individual shareholders in opposition to controversial SEC proposals has been launched as part of a joint effort by The Social Investment Forum (SIF) and the Interfaith Center on Corporate Responsibility (ICCR). The groups charge that the SEC proposals to change...
August 28, 2007
Trainers Launch LTC Partnership InstructionA course designed to help producers meet state and federal requirements for selling Long Term Care Partnership policies has been released in online, classroom and ...
August 27, 2007
Campos to Join D.C. Law FirmSEC Commissioner Roel Campos will join the law firm of Cooley Godward Kronish in early September, at which time he will leave his SEC post. Campos will serve as a partner in the firm's business litigation practice in the Washington, D.C. office, and will assume the role of partner-in-charge of...
August 24, 2007
SEC Accuses Firm Of Cheating Viatical InvestorsThe U.S. Securities and Exchange Commission wants to take over a company that has billed itself as a viatical investment firm.The SEC has asked the ...
August 22, 2007
Some Fund Companies Displaying Interactive DataSeveral mutual funds have begun providing risk/return information using interactive data, SEC Chairman Christopher Cox announced August 21. The mutual fund data, which the SEC...
August 21, 2007
IRS Weighs In On Death Benefit Guarantee ReservesWhen variable annuity contract tax reserves are greater than the net surrender value and less than the statutory reserves, life insurers should use the tax ...