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.
IRS Panel To Address Nonprofit Plan Regs
By Staff WriterAn Internal Revenue Service advisory group is about to hear a working group's views on improving the document compliance program for 403(b) retirement plans.The advisory ...
May 09, 2006
UnumProvident Announces SubpoenaA large disability insurer says the U.S. Securities and Exchange Commission is asking for information about certain reinsurance arrangements.UnumProvident Corp., Chattanooga, Tenn., says in its ...
May 09, 2006
IRS Allows IRA Marital Trust ArrangementsAn official at the Internal Revenue Service has approved 3 arrangements that involve payments of individual retirement account assets once held by a dead spouse ...
May 09, 2006
How John Doe Can Write To The IRSThe Internal Revenue Service has revised its retirement plan repair guide.The guide, published today on the IRS Web site as Revenue Procedure 2006-27, spells out ...
May 02, 2006
R-IPOF? SEC Charges Ohio Fund Manager with FraudCLEVELAND (HedgeWorld.com)--Another Buckeye State investment firm has caught the eye of the Securities and Exchange Commission, which filed a complaint in U.S. District Court against David A. Dadante, 52, alleging seven counts of securities fraud in relation to the IPOF Fund, managed by Mr. Dadante since 1999. Mr. Dadante, according...
May 01, 2006
Getting Educated on SOXThe Act is on Competence Software's site: www.sarbanesoxleysimplified.com For an online forum on SOX, www.sarbanes-oxley-forum.com The SEC has FAQs about SOX at www.sec.gov/spotlight/sarbanes-oxley.htm A "vendor neutral" site...
May 01, 2006
It's Always Time for ID TheftTax season may be over, but that doesn't mean your clients shouldn't still be worried about their returns: the IRS is warning consumers that they...
May 01, 2006
The Cost of ComplianceThe securities industry spent about $25 billion on compliance in 2005, up from $13 billion in 2003, while firms spent an average of 13.1% of...