"Sometimes, I hear custodians say that 25 cents includes the cost of labor. But no court has ever ruled labor can be included in a copying charge. And commercial printers including labor, supplies, overhead, and a profit charge half that. If it really costs governments 25 cents to print every piece of paper, they should contract those services out and save taxpayers huge amounts of money," writes Tom Kamenick.
The U.S. Securities and Exchange Commission recently charged a broker-dealer and five of its registered representatives with violating Regulation Best Interest ("Reg. BI") related to recommendations.
/PRNewswire/ What: Retirement and 401(k) Spotlight Why: The Securing a Strong Retirement Act of 2022, commonly referred to as SECURE 2.0, is a wide-ranging.
The FDIC released a “Small Entity Compliance Guide” that provides a summary of its final rule allowing for the “simplification of deposit insurance,” which takes effect on April 1,.
The Compliance Guide provides an overview of how the final rule, which will be published as 12 C.F.R. §330, affects the coverage rules for trusts, as well as for mortgage servicing accounts.