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.
SEC Asks For Comments On SOX 404
By Allison BellFederal securities regulators want to know what company executives, auditors and others really think about the new internal control disclosure process.[@@]The U.S. Securities and ...
February 22, 2005
Roye Says Extended Lock-Ups May Raise Red FlagsKEY BISCAYNE, Fla. (HedgeWorld.com)--Hedge fund managers who extend their funds' lock-up periods beyond two years risk raising the suspicions of investors and the U.S. Securities and Exchange Commission, Paul Roye, director of the SEC's Division of Investment Management, told attendees at a Managed Funds Association seminar on hedge fund regulation....
February 17, 2005
Hedge Fund's Loss Prompts SEC InvestigationNEW YORK (HedgeWorld.com)--Not quite two years have passed since Francis Saldutti sold his Ardent Capital Management's technology hedge fund to NorthShore Asset Management, Chicago. Now, though, a report in the Wall Street Journal says the Securities and Exchange Commission is probing a significant loss of money at the New York-based...
February 16, 2005
NSCC Continues With Plans To Serve SMA MarketA major securities clearing company still wants to help sellers of separately managed accounts automate their business.[@@]The company, the National Securities Clearing Corp., New ...
February 16, 2005
NSCC Publishes New Insurance Transaction FeesNU Online News Service, Feb. 16, 2005, 7:11 p.m. ESTA major securities clearing company is raising processing prices for some insurers and cutting prices ...
February 09, 2005
IRS Moves On 403(b) Plans Concern AALU And ACLIIRS Moves On 403(b) Plans Concern AALU And ACLIByWashingtonAn effort by the Internal Revenue Service to consolidate and clarify the rules governing 403(b) annuities and ...
February 07, 2005
IRS Sets Mutual Rate At 0NU Online News Service, Feb. 7, 2005, 3:10 p.m. ESTA federal agency is starting to implement a new law that could help policyholder-owned life ...
February 04, 2005
SEC Opens Door To XML DataNU Online News Service, Feb. 4, 2005, 4:20 p.m. ESTSecurities regulators want to see whether a new approach to identifying bits of electronic information ...