September 11, 2007

Financial Services Alert - September 11, 2007

  • SEC Settles Administrative Proceeding with Pension Consultant over Failure to Properly Disclose Potential Conflicts of Interest
  • Federal District Court Dismisses Suit Brought by Investor against Hedge Fund Consultant over Bayou Fund Investment Recommendation
  • IRS Finalizes Regulations to Simplify Reporting when Foreign Tax Benefits Pass to RIC Shareholders
  • FRB Rules Disease Management and Mail Order Pharmacy Services are “Complementary” to Insurance Underwriting
  • OCC Confirms National Banks May Provide Normal Banking Services to the Private Manager of a State Lottery
  • Limited Relief Provided by IRS under Section 409A