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The following summarizes recent legal developments of note affecting the mutual fund/investment management industry:
Third Party Pricing of Level 2...
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The FAA has determined that the minimum random drug and alcohol testing percentage rates for the period January 1, 2012, through December 31, 2012, will remain at 25 percent of safety- sensitive employees for random drug testing and 10 percent of safety- sensitive employees for random alcohol testing.
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Opponents of a Maryland same-sex marriage bill are preparing for its passage in the General Assembly by directing their efforts to a referendum that would delay implementation of the measure until December 2012 at the earliest.
The bill, called the Civil Marriage Protection Act, passed the state Senate on Thursday and is before the House of Delegates, where supporters say they are only a handful of votes short of the 71 needed to approve the measure. Gov. Martin O'Malley, a Democrat, has indicated that he would sign the bill.
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December 2011 Dec. 5 California Mortgage Bankers Association (CMBA) Legislative, Regulatory, Quality Assurance and Compliance Conference, Costa Mesa, ...
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WASHINGTON -- Small business owners with eligible commercial real estate mortgages maturing after Dec. 31, 2012, will be able to secure more stable, l...
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The proposal gives Wyoming lawmakers flexibility in deciding how much to spend.
By Trevor Brown
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LISLE, Ill. -- Western Asset/Claymore Inflation-Linked Securities & Income Fund (NYSE: WIA) and Western Asset/Claymore Inflation-Linked Opportunities ...
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A number of tax regulations have been updated in China due to changes in government policy.
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Full Ar...
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NMFS has received an application from the St. George Reef Lighthouse Preservation Society (SGRLPS), for an Incidental Harassment Authorization (IHA) to take marine mammals, by harassment incidental to conducting aircraft operations, lighthouse renovation, and light maintenance activities on the St. George Reef Light Station on Northwest Seal Rock (NWSR) in the northeast Pacific Ocean from the period of February through April, 2012 and during the period of November through December, 2012. Pursuant to the Marine Mammal Protection Act (MMPA), NMFS is requesting comments on its proposal to issue an IHA to SGRLPS to incidentally harass, by Level B harassment only, four species of marine mammals during the specified activity.
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LISLE, Ill. -- (NYSE: MZF) Managed Duration Investment Grade Municipal Fund, a closed-end management investment company, announced that it is declarin...