Tax break sought for collectibles
A congressional effort is afoot to put art and collectibles on equal footing with other investments when it comes to capital gains.
Invest in small biz, get a tax benefit
Investors in certain small businesses could get a tax break under a bill sitting in committee.
Measure proposes 401Kids accounts
A congressional measure sitting in committee would create savings accounts for children which could finance a college education, a house or retirement.
Anti-fraud rule gets nod
The SEC last month approved a rule that clarifies the agency’s ability to go after hedge fund advisers who make false or misleading statements to investors.
SEC still mulls hedge fund minimums
Securities regulators continue to debate a proposal that they say would better protect hedge fund investors.
SEC invites comment on two proxy-access proposals
The SEC is seeking input on two proposals that address the contentious issue of shareholder proxy access.
SEC proposes easing accounting rules on foreign firms
The SEC is seeking comment on a proposal to relax accounting regulations for foreign firms that trade on U.S. exchanges.
Stoli changes get OK
The National Association of Insurance Commissioners recently voted to make changes to a model act that governs the use of stranger-owned life insurance.
SEC mulls B-D rules package
Securities regulators are sorting through public input on proposed rules that address broker-dealer financial responsibilities.
Court OKs delay on B-D rule compliance
A federal court of appeals recently granted the SEC’s request to give brokerage houses until Oct. 1 to move clients out of fee-based brokerage accounts, according to published reports.