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.
Comment Period Ends: Leaving Something from Everybody
By Staff WriterWASHINGTON (HedgeWorld.com)--Despite calls for extension, the Securities and Exchange Commission has let the clock run out on the comment period for its proposed rule requiring most hedge funds to register as investment advisers. A comment from the National Futures Association proposed that any final SEC rule exclude from its coverage...
September 13, 2004
IRS Approves Use of 2001 CSO TablesThe Internal Revenue Service has given official permission for taxpayers to use the 2001 Commissioners' Standard Ordinary mortality and morbidity tables.[@@]Taxpayers can use the ...
September 10, 2004
Parent of Thomas Weisel Asset Management Settles SEC ChargesSAN FRANCISCO (HedgeWorld.com)--Thomas Weisel Partners LLC, a brokerage firm and investment bank, concluded a settlement with the Securities and Exchange Commission resolving charges that relate to the inappropriate influence allegedly exerted by its investment bankers upon its research analysts. The SEC's complaint alleged that Thomas Weisel Partners analysts participated in...
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 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 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 ...