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 Proposes Determination Letter Schedule
By Staff WriterNU Online News Service, Sept. 13, 2004, 5:22 p.m. EDTThe Internal Revenue Service has proposed a new schedule for evaluating whether employee retirement plans ...
September 10, 2004
Renaissance Favors Selectively Extending SEC's Financial Statement DeadlineNEW YORK (HedgeWorld.com)--Multibillion-dollar hedge fund firm Renaissance Technologies Corp. officially joined the ranks of those criticizing one particular aspect of the Securities and Exchange Commission proposal to require that hedge fund managers register as investment advisers. In a Sept. 7 letter to the SEC, Renaissance Vice President Mark Silber wrote...
September 10, 2004
Invesco Employees Settle with SECDENVER (HedgeWorld.com)--Three former Invesco Funds Group Inc. employees have settled Securities and Exchange Commission charges they helped outside investors conduct extensive market timing in Invesco mutual funds. Timothy J. Miller, former chief investment officer and a portfolio manager; Thomas A. Kolbe, former national sales manager; and Michael D. Legoski, former...
September 03, 2004
IRS Proposes Changes To GST Predeceased Parent RuleThe Internal Revenue Service has proposed a rule that could affect interpretation of the "predeceased parent rule."[@@]The proposed regulation would affect financial advisors who ...
August 26, 2004
Survey To Assess Treatment Of Returning ReservistsNU Online News Service, Aug. 26, 2004, 4:13 p.m. EDTThe federal Veterans' Employment and Training Service is starting a survey program to measure employer ...
August 24, 2004
What Is A Small Company?Insurers and regulators are still talking about the definition of "small company" in a draft model regulation that could affect insurance company financial reporting ...
August 24, 2004
IRS Proposes Generation-Skipping Trust RegulationThe Internal Revenue Service has proposed a regulation that deals with qualified severance of a trust for generation-skipping transfer tax purposes.[@@]The proposed regulation would ...
August 20, 2004
SEC Asks For More Comments About Fee-Based AdvisorsThe U.S. Securities and Exchange Commission is asking for more advice about how it should treat brokers who get asset-based fees rather than traditional ...