Hedge funds remain in legislative cross hairs
Two bills on Capitol Hill would require hedge fund advisers to register with securities regulators.
Bill seeks extension for Sarbox mandate
A bill that would give certain small businesses another year to comply with Section 404 of the Sarbanes-Oxley Act was referred last month to a House subcommittee.
Bill would aid mutual fund investors
Another House bill was introduced recently that would allow mutual fund investors to defer taxation of reinvested capital gains.
Measure targets insider info on Capitol Hill
A House bill recently introduced aims to halt insider trading that arises from information gained from Capitol Hill’s legislative process.
Annuities bill gets companion
A House bill recently was introduced as a companion to S 1010, which would give tax incentives for investing in individual annuities.
Bulls-eye on tax shelter promoters
People who promote offshore tax havens and abusive tax shelters would face tougher sanctions under companion bills on Capitol Hill.
Executive-comp bill still awaits action
The House-passed bill that would let shareholders weigh in on executive-compensation packages continues to sit in the Senate Banking Committee.
Auto IRA enrollment floated
A pair of bills that call for many small businesses to enroll their employees automatically in individual retirement accounts are sitting in committee.
IRA charity rollover bill picks up support
An effort to make permanent a temporary tax code provision affecting IRAs continues to gain support.
Bills target inflation, capital gains
Companion bills on Capitol Hill aim to take inflation into consideration when it comes to long-term capital gains. HR 1261 would index for inflation the cost basis used in calculating the capital gains tax on assets purchased in 2008 or later.