Events listed in [FR] Federal Register
Proposed Amendment to Prohibited Transaction Exemption 84-24
ID 25658
In connection with a consultation on a proposed new definition of an „investment advice fiduciary“ which would expand the scope of such to include all individuals and entities that provide investment advice or make investment recommendations whether it be to a pension plan or individual investors (EventID 23651), the Employee Benefits Security Administration (EBSA) has launched another *consultation on changes to the Prohibited Transaction ...
Proposed Amendment to Prohibited Transaction Exemption 2020-02
ID 25646
In connection with a consultation on a proposed new definition of an „investment advice fiduciary“ which would expand the scope of such to include all individuals and entities that provide investment advice or make investment recommendations whether it be to a pension plan or individual investors (EventID 23651), the Employee Benefits Security Administration (EBSA) has launched a *consultation on changes to the Prohibited Transaction ...
Required Rulemaking on Personal Financial Data Rights
ID 25593
The Consumer Financial Protection Bureau, CFPB, has launched and published in the Federal Register a consultation on an entirely new Statutory Instrument, namely 12 CFR Part 1033, which would implement Section 1033 of the Consumer Financial Protection Act of 2010 primarily to require banks and depository institutions – which are referred to as „data providers“ in the draft – to provide consumers and authorized ...
Fees for Reviews of the Rule Enforcement Programs of Designated Contract Markets ...
ID 25568
On October 30, 2023, the U.S. Commodity Futures Trading Commission (CFTC) published in the Federal Register the fees it will charge to designated contract markets (DCMs or simply authorized commodity exchanges) and the National Futures Association, the association relevant for the oversight of commodity exchange traders, for purposes of overseeing their rule enforcement programs during 2022. The fees are adjusted yearly based upon the ...
Investment Company Names; Correction
ID 25518
The U.S. Securities and Exchange Commission (SEC) has published in the Federal Register a correction to its final rule as regards the naming of investment funds. The correction modifies two statements relating to the date of application of the new rule to explicitly specify that – larger fund groups with net assets of more than $1 billion must comply with the new rules by ...
Mortality Tables for Determining Present Value Under Defined Benefit Pension Plans
ID 25420
New rules as regards the mortality tables to be used by defined benefit pension plans were recently published in the Federal Register. The rules provide – an updated methodology for determining mortality tables used to calculate the present value of pension benefits to derive future funding needs and to determine single-sum distributions. This revised methodology includes new base mortality tables and mortality improvements. The ...
Registration for Index-Linked Annuities; Amendments to Form N-4 for Index-Linked ...
ID 25334
As previously announced on September 29, 2023 (EventID 23289), the U.S. Securities and Exchange Commission, SEC, has now published in the Federal Register its consultation on proposed amendments in connection with the registration of index-linked annuities (RILAs). RILAs are annuities that typically provide some principal protection while offering the potential for growth tied to the performance of a stock market index. As RILAs can ...
Investment Company Names
ID 25286
Following a corresponding consultation in May 2022 (EventID 15777) and a previous announcement of a final rule relating to the naming of investment funds (EventID 23087), the Securities and Exchange Commission has published this final rule in the Federal Register. In it, the SEC describes the feedback it has received to its consultation and stipulates the final provisions as they will come into force ...
Guidelines Establishing Standards for Corporate Governance and Risk Management for ...
ID 25281
The Federal Deposit Insurance Corporation, FDIC, has launched a consultation on proposed new guidelines which would establish standards for corporate governance and risk management of covered institutions with $10 billion or more in total consolidated assets. The guidelines would be introduced as new Appendix C of the FDIC’s safety and soundness regulations under Statutory Instrument 12 CFR Part 364 and would have the power ...
Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Order ...
ID 25215
The U.S. Securities and Exchange Commission (SEC) has published in the Federal Register a notice relating to a proposed rule amendment by the Financial Industry Regulatory Authority (FINRA) – please see EventID #21988 in this context for more information. Specifically, the Commission announced that it is launching proceedings to determine „whether to approve or disapprove a proposed rule change to provide relief relating to ...