Regulation & Compliance
IRS Asked to Clarify Obamacare Investment Tax
Businesses and wealthy owners of estates and trusts asked the IRS on Tuesday for changes to a part of President Barack Obama's 2010 healthcare law that has received comparatively little attention: a ...
Twitter, Facebook Disclosures Okay, SEC Says
As long as companies alert investors about which social media outlet they plan to use in advance, they can use outlets like Facebook and Twitter to disclose key information, the Securities and ...Rollins To Head New Public Risk Services Group At AIR Worldwide
Catastrophe modeling firm AIR Worldwide announced that John Rollins will lead a new consulting group--Public Risk Services—supporting the needs of public sector institutions and stakeholders ...China to Strengthen Regulation of Financial Products
China will strengthen supervision of new financial products, particularly ones with complex structures and high leverage, to combat potential risks to the banking sector, the industry's regulator ...
Should Tweeting CEOs Be Muzzled or Glorified?
If the CEO of a public company posts good news about the company's booming business on Facebook, does that same CEO have an obligation to post information about a subsequent business decline? The ...
UK’s New Regulators Take Over; FCA Now Responsible For Insurance Sector
In a move that is certainly not an April Fool's Day joke, the Financial Services Authority (FSA), which has been responsible for regulating the UK's financial services industry since 1997, including ...
Former Freddie Mac Executives Lose Bid To Toss SEC Lawsuit
Former Freddie Mac chief executive Richard Syron and two other one-time executives lost their bid to escape a U.S. regulator's lawsuit accusing them of misleading investors about the company's ...
U.S. Insurance Regulators Renew Training Pact with Chinese Regulators
U.S. insurance regulators will continue a program of information sharing and cooperation that helps their counterparts in China learn about insurance regulatory practices in the U.S. The National ...