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.
December 06, 2004
Regulators To Ask IRS About ReservingThe National Association of Insurance Commissioners has voted to talk to the U.S. Treasury Department about tax issues affecting insurers.[@@]A tax talk motion passed ...
December 02, 2004
IRS: A Web Trade Show Is Not A Trade ShowA new ruling from the Internal Revenue Service could affect tax-exempt insurance groups that sponsor Web-based trade shows and seminars.[@@]The federal government cannot tax ...
November 23, 2004
NCOIL Comes Out Against Federal Standards LegislationNCOIL Comes Out Against Federal Standards LegislationByDuck Key, Fla.The National Conference of Insurance Legislators officially came out against proposed federal legislation aimed at creating national ...
November 23, 2004
IRS Asked To Review Cost Basis Ruling On Demutualization PayoutsIRS Asked To Review Cost Basis Ruling On Demutualization Payouts An accountant who challenges the IRS says it will close its probe of himBy Arthur ...
November 22, 2004
NCOIL Slams Federal Standards LegislationThe National Conference of Insurance Legislators has officially come out against proposed federal insurance regulatory reform legislation.[@@]NCOIL President Steve Geller, a Democratic member of ...
November 16, 2004
Senator: Break Up Big Market Share ConcentrationsAt least one member of Congress is questioning the insurance industry's exemption from federal anti-trust laws.[@@]Sen. Peter Fitzgerald, R-Ill., the senator who convened ...
November 12, 2004
SEC Takes On America's Hedge FundBROOKLYN, N.Y. (HedgeWorld.com)--How could you go wrong with a name like America's Hedge Fund LLC? Easily, it turns out. A U.S. District Court judge in Brooklyn holds a hearing Tuesday [Nov. 9] to consider granting a preliminary injunction against Christian Kuretski, operator of America's Hedge Fund LP, and Worldwide Partners...
November 12, 2004
Regulators Ask Hartford Unit About Fund PracticesNU Online News Service, Nov. 12, 2004, 5:33 p.m. ESTThe U.S. Securities and Exchange Commission has started asking questions about use of "directed brokerage" ...
November 12, 2004
Boston Man's Alleged Trail of Deception May Reach an EndBOSTON (HedgeWorld.com)--For the past 10 years, Treyton L. Thomas has moved through life claiming to be a fabulously successful hedge fund manager, dispenser of political wisdom, philosopher, ace student and fountain of business insight. But according to civil charges filed Nov. 1 by the Securities and Exchange Commission, Mr. Thomas...
November 10, 2004
Pros and Cons To Unifying Financial Regulation: GAOPros And Cons To Unifying Financial Regulation: GAOByCongress should consider creating an entity that would oversee "complex, internationally active" financial services companies but leave most ...