Alert December 17, 2002

Financial Services Alert


  • SEC Adopts Rule Allowing Federal Registration of Internet Investment Advisers
  • OTS Issues Final Rules Implementing Securities Recordkeeping and Confirmation Requirements and Amending Fiduciary Regulations
  • IRS Denies Beneficial Tax Treatment to Certain “Wrap-Around” Annuities Investing in Hedge Funds
  • OTS Amends its Annual Independent Audit Requirements for Small, Healthy, Non-Public Thrifts
  • California Appellate Court Holds Thrifts Subject to California Unfair Competition Law