TFOG (Today from Our Government) a look at the updates on Rules corresponding to Financials from Friday December 14th and Monday December 17, 2012:
From the:
IRS Technical Amendments: Guidance Regarding Deduction and Capitalization of Expenditures Related to Tangible Property.
CFTC Notice: Fees for Reviews of the Rule Enforcement Programs of Designated Contract Markets and Registered Futures Associations.
PBGC Final Rule: Benefits Payable in Terminated Single-Employer Plans, Interest Assumptions for Paying Benefits
2012-30252
2012-30224
2012-30202
DCarsonCPA is your web link to the Practice of Dean T Carson II, CPA following the lines of updates on Financials, Accounting Policy and relevant Accounting, Taxation, Compliance, Regulations, Economics, Statistics and Finance for the Strategic and Operational support of Business, Non Profit, Government and Individual needs on Financials. Learn more at www.dcarsoncpa.com available for Project, Advisory and defined needs on Accounting, Taxes, Compliance, and Analysis.
We work with broad streams of Financial Decision Making Research that focus in on Client Application where we meet on services. We live in a time of changing dynamics in Financial Decision Making, a time where adaptive knowledge on Financial Decision Making needs from Accounting Policy, Taxation and Compliance can all add value on Services through insight. We are following the lines of Big Data for the focused application of Big Knowledge that can add value on Decision Making through resources and insight to the Strategic and Operational needs of Financial Decision Makers.
Saturday, December 15, 2012
Monday, October 15, 2012
TFOG 10/15/2012 -SEC Edgar, FDIC Stress Test, USPS Direct Mail offering, and PBGC Final Rule
TFOG (Today from Our Government) following the updates in Rules for Business, Non Profits, Individuals and Regulations in the Nation's Market Place for October 15, 2012
SEC - Edgar Mannual
FDIC - Stress Test Final Rule
USPS - " Every Door Direct Mail"
PBGC - Terminated Single Employer Plans Final Rule
SEC Edgar 2012-24998
FDIC Stress Test Final Rule 2012-25194
USPS - "Every Door Direct Mail" EDDM Test Final Rule 2012-25059
PBGC - Terminated Single Employer Plans Final Rule 2012-25245
DCarsonCPA.com connecting the line on updates for Financial Decision Makers in Government, Industry, Non Profit and Individual roles on Financial Decision Making for corresponding support servoces. Learn more at www.dcarsoncpa.com .
SEC - Edgar Mannual
FDIC - Stress Test Final Rule
USPS - " Every Door Direct Mail"
PBGC - Terminated Single Employer Plans Final Rule
SEC Edgar 2012-24998
FDIC Stress Test Final Rule 2012-25194
USPS - "Every Door Direct Mail" EDDM Test Final Rule 2012-25059
PBGC - Terminated Single Employer Plans Final Rule 2012-25245
DCarsonCPA.com connecting the line on updates for Financial Decision Makers in Government, Industry, Non Profit and Individual roles on Financial Decision Making for corresponding support servoces. Learn more at www.dcarsoncpa.com .
Tuesday, October 2, 2012
Insider Trading, know the Rules and related notes.
In light of news events today with the WSJ Blog reported conviction of the Founder of Galleon on 14 Insider Trading charges (link to WSJ source http://blogs.wsj.com/marketbeat/2011/05/11/raj-rajaratnam-convicted-what-kind-of-time-are-we-talking/?mod=google_news_blog ), it creates a good opportunity to return to some points we had mentioned before on Twitter and on our FB Page in previous posts. CPAs are bound to high standards as Licensed professionals, in our education process we learn about Accounting, Business Law, Tax Law, Finance, Business Formation and more, much of this to avoid issues like "Insider Trading" and other issues in Business (through Knoweldge of and Compliance with the Rules).
For CPAs (like myself) with specific area expertise in Financial Services we go on to learn more about SEC Laws, FINRA Rules, Capital Markets, Securities and other related factors. In any Financial Services business and for all Investors in Capital Markets a very key and central Law is regarding "Insider Trading," the goal of which is to create a level playing field for Investors so that Market Participants with "Insider Information" are prohibited from Trading on that knowledge (and taking monetary gains on material non-public information) until it becomes Public Information (the goal is preventing Insiders from taking advantage of less informed Investors in the General Public). The best source for background on this is in my opinion the SEC itself follow this link the SEC on "Insider Trading" to Learn more http://www.sec.gov/answers/insider.htm.
Since the SEC is a key part of Financial Market Regulation. If you are an Investor or a participant in Financial Markets, you must know the rules so be sure to know all you can on "Insider Trading" and commit to not becoming a part of Insider Trading to best protect your Financial Assets, Individual Freedom and your Business Reputation all of which are valuable Assets.
On a related note of Interest, since part of what we are doing in career development is pursuing the CFA designation, we can also tell you that a portion of a CFAs preparation path at level 1 is dedicated to thoroughly understanding the rules of Insider Trading so as not to arrive in a position later down the road as an Investment Analyst or Portfolio Manager where you would violate these rules. Portfolio Managers, Reserchers and Analysts and others who are CFAs place significant care on the importance of not violating "Insider Trading" rules.
We believe that the SEC is a best source of definitions on "Insider Trading" so their link is provided here, but suffice to say that possession of Material Non-Public Information (as was indicated in the WSJ article on the Galleon / Rajaratnam case also cited above), followed by an action to Trade on that Information or Encourage others to Trade on that information would bring you into the Realm of Insider Trading. Insider Trading is about Information and the desire of our government to maintain a level playing field in Financial Markets where Financial Experts are restrained in ways that they expect will support Investor Protection by providing equal information opportunity.
While the SEC provides a key role in segments of Financial Market Regulation, there are also other relevant govenment regulators to consider in other Market Areas. For the context of our discussion here we are Focused on the SEC and their role on Insider Trading on Capital Markets, we would also like to introduce that FINRA a Self Regulating Organization (SRO) is the Financial Industries oversight body which functions to also protect Investors and diminish Insider Trading Operations by assisting in the Control of Market Data information by limiting channels for Insider Communications and otherwise protecting Investors.
For CPAs (like myself) with specific area expertise in Financial Services we go on to learn more about SEC Laws, FINRA Rules, Capital Markets, Securities and other related factors. In any Financial Services business and for all Investors in Capital Markets a very key and central Law is regarding "Insider Trading," the goal of which is to create a level playing field for Investors so that Market Participants with "Insider Information" are prohibited from Trading on that knowledge (and taking monetary gains on material non-public information) until it becomes Public Information (the goal is preventing Insiders from taking advantage of less informed Investors in the General Public). The best source for background on this is in my opinion the SEC itself follow this link the SEC on "Insider Trading" to Learn more http://www.sec.gov/answers/insider.htm.
Since the SEC is a key part of Financial Market Regulation. If you are an Investor or a participant in Financial Markets, you must know the rules so be sure to know all you can on "Insider Trading" and commit to not becoming a part of Insider Trading to best protect your Financial Assets, Individual Freedom and your Business Reputation all of which are valuable Assets.
On a related note of Interest, since part of what we are doing in career development is pursuing the CFA designation, we can also tell you that a portion of a CFAs preparation path at level 1 is dedicated to thoroughly understanding the rules of Insider Trading so as not to arrive in a position later down the road as an Investment Analyst or Portfolio Manager where you would violate these rules. Portfolio Managers, Reserchers and Analysts and others who are CFAs place significant care on the importance of not violating "Insider Trading" rules.
We believe that the SEC is a best source of definitions on "Insider Trading" so their link is provided here, but suffice to say that possession of Material Non-Public Information (as was indicated in the WSJ article on the Galleon / Rajaratnam case also cited above), followed by an action to Trade on that Information or Encourage others to Trade on that information would bring you into the Realm of Insider Trading. Insider Trading is about Information and the desire of our government to maintain a level playing field in Financial Markets where Financial Experts are restrained in ways that they expect will support Investor Protection by providing equal information opportunity.
While the SEC provides a key role in segments of Financial Market Regulation, there are also other relevant govenment regulators to consider in other Market Areas. For the context of our discussion here we are Focused on the SEC and their role on Insider Trading on Capital Markets, we would also like to introduce that FINRA a Self Regulating Organization (SRO) is the Financial Industries oversight body which functions to also protect Investors and diminish Insider Trading Operations by assisting in the Control of Market Data information by limiting channels for Insider Communications and otherwise protecting Investors.
Tuesday, July 31, 2012
TFOG - 7/30 + 7/31 in Recap on Financials - CFTC SWAPS, EBSA/DOL Pensions ERISA, NCUA Credit Unions, NACI, - Insurance
TFOG - Financial Updates from 7/30 + 7/31
Consisting of:
CFTC Final Rule on Swaps, EBSA/DOL Pension Meeting ERISA Advisory Committeee meeting in DC on Aug 28-30, DOT / NACI - Insurance Commission Meeting in DC Aug 1, NCUA - Prop Rule "Troubled Condition" and Comments Request on Liquidity .
CFTC SWAPS - FINAL Rule
EBSA / DOL - Pension Benefit Meeting (ERISA advisory Cmtte) in DC Aug 28-30
DOTreas - meeting on Insurance / FACI Monday Aug 6th
NCUA - Prop Rule "Troubled Condition"
NCUA - Request for Comment FCU Liquidity
DCarsonCPA for Financial Decision Makers in Government, Industry, Non Profit and individual roles working with broad ranging Financial Research of relevance to Financial Decision Makers to support your needs on Accounting, Taxes, Advisory, Financials, Compliance, Analysis and Research. Learn more at wwww.dcarsoncpa.com or e-mail info@dcarsoncpa.com .
Consisting of:
CFTC Final Rule on Swaps, EBSA/DOL Pension Meeting ERISA Advisory Committeee meeting in DC on Aug 28-30, DOT / NACI - Insurance Commission Meeting in DC Aug 1, NCUA - Prop Rule "Troubled Condition" and Comments Request on Liquidity .
CFTC SWAPS - FINAL Rule
EBSA / DOL - Pension Benefit Meeting (ERISA advisory Cmtte) in DC Aug 28-30
DOTreas - meeting on Insurance / FACI Monday Aug 6th
NCUA - Prop Rule "Troubled Condition"
NCUA - Request for Comment FCU Liquidity
DCarsonCPA for Financial Decision Makers in Government, Industry, Non Profit and individual roles working with broad ranging Financial Research of relevance to Financial Decision Makers to support your needs on Accounting, Taxes, Advisory, Financials, Compliance, Analysis and Research. Learn more at wwww.dcarsoncpa.com or e-mail info@dcarsoncpa.com .
Wednesday, July 25, 2012
TFOG 7/25/12 - SEC Final Rule Security Based Swaps
TFOG 7/25/12 - SEC Final Rule
As corrected by the SEC Review of Security Based Swaps....
2012-17985
DCarsonCPA.com for Financial Decision Makers in Government, Industry, Non Profit and Individual roles. Following the lines of updates to meet Clients with needs on corresponding services for Accounting, Taxes, Advisory, Compliance, Research, Analysis and more.
Learn more at www.dcarsoncpa.com or inquire at info@dcarsoncpa.com .
As corrected by the SEC Review of Security Based Swaps....
2012-17985
DCarsonCPA.com for Financial Decision Makers in Government, Industry, Non Profit and Individual roles. Following the lines of updates to meet Clients with needs on corresponding services for Accounting, Taxes, Advisory, Compliance, Research, Analysis and more.
Learn more at www.dcarsoncpa.com or inquire at info@dcarsoncpa.com .
TFOG 7/24/12 - Senate Bill on Securities Penalties - SEC Fines
TFOG 7/24/12:
In the Congress at the Senate:
BILLS-112s3416is
DCarsonCPA.com your weblink to the practice of Dean T. Carson II, CPA following the lines of Decision Making with relevance to Government, Industry, Non Profit and Individual Financials to meet Clients on Services Opportunities and considering the importance of your connection as a Decision Maker to the process and rules of Governance and Compliance.
Learn more at www.dcarsoncpa.com or e-mail info@dcarsoncpa.com .
In the Congress at the Senate:
S. 3416. A bill to enhance civil penalties under the Federal securities laws, and for other purposes; to the Committee on Banking, Housing, and Urban Affairs.
S. 3416 the ‘‘Stronger Enforcement of Civil Penalties Act of 2012’’. Includes in Section 2 Updated Civil Money Penalties for Violations of Securities Laws.
Scope includes SEC Acts 33, 34 & 40 Penalties.
DCarsonCPA.com your weblink to the practice of Dean T. Carson II, CPA following the lines of Decision Making with relevance to Government, Industry, Non Profit and Individual Financials to meet Clients on Services Opportunities and considering the importance of your connection as a Decision Maker to the process and rules of Governance and Compliance.
Learn more at www.dcarsoncpa.com or e-mail info@dcarsoncpa.com .
Monday, July 23, 2012
TFOG Monday 7/23/12 CFTC Public Meeting on Tech + SEC Rule
TFOG 7/23/12 CFTC Meeting and SEC Rule:
CFTC: Meeting notice Technology Advisory Committee 7/26/12 - Public Meeting on Tech
SEC: Commission Guidance Regarding Definitions of Mortgage Related Security and Small Business Related Security - Interp and Comments.
1. CFTC:
[Federal Register Volume 77, Number 141 (Monday, July 23, 2012)]
[Notices]
[Page 43064]
[FR Doc No: 2012-17856]
=======================================================================
-----------------------------------------------------------------------
COMMODITY FUTURES TRADING COMMISSION
Meeting; Technology Advisory Committee
AGENCY: Commodity Futures Trading Commission (CFTC).
ACTION: Notice of emergency meeting of technology advisory committee.
-----------------------------------------------------------------------
SUMMARY: The CFTC announces that on Thursday, July 26, 2012, the CFTC's
Technology Advisory Committee (``TAC'') will hold an emergency public
meeting at the CFTC's Washington, DC headquarters, from 10:00 a.m. to
4:00 p.m. The TAC will focus on possible technology solutions to, among
other things, enable futures commission merchant customers, self-
regulatory organizations and the CFTC to verify in near real-time the
accuracy of the amount of funds held in customer segregated accounts.
DATES: The meeting will be held on July 26, 2012, from 10:00 a.m. to
4:00 p.m. Members of the public who wish to submit written statements
in connection with the meeting should submit them by July 19, 2012.
ADDRESSES: The meeting will take place in the Conference Center at the
CFTC's headquarters, Three Lafayette Centre, 1155 21st Street NW.,
Washington, DC 20581. Written statements should be submitted to:
Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st
Street NW., Washington, DC 20581, attention: Office of the Secretary.
Please use the title ``Technology Advisory Committee'' in any written
statement you may submit. Any statements submitted in connection with
the committee meeting will be made available to the public.
FOR FURTHER INFORMATION CONTACT: Laura Gardy, Commodity Futures Trading
Commission, Three Lafayette Centre, 1155 21st Street NW., Washington,
DC 20581, (202) 418-5354.
SUPPLEMENTARY INFORMATION: This emergency meeting of the TAC is being
held in response to the Commission's July 10, 2012 complaint against
Peregrine Financial Group Inc. (PFG), a registered futures commission
merchant (FCM), and its owner, Russell R. Wasendorf, Sr., alleging
fraud by misappropriating customer funds, violations of customer fund
segregation laws, and making false statements in financial statements
filed with the Commission. The filing of the complaint was triggered by
a National Futures Association (NFA) audit conducted earlier this month
which revealed that despite PFG's representations that it held in
excess of $220 million of customer funds, in fact, PFG held
approximately $5.1 million.
This meeting will focus on technological solutions to providing the
CFTC, self-regulatory organizations, and futures commission merchant
customers direct access to customer segregated account information in
order to help eliminate the possibility of theft and misappropriation
of customer funds. The TAC will explore related technological and legal
issues through panel presentations and open discussion. The meeting
will be open to the public with seating on a first-come, first-served
basis. Members of the public who wish to listen to the meeting by
telephone may do so by calling a toll-free telephone line to contact to
a live, listen-only audio feed. Call-in participants should be prepared
to provide their first name, last name and affiliation. Additionally, a
video recording of the meeting will be published through a link on the
CFTC's Web site.
All written submissions provided to the CFTC in any form will also
be published on the Web site of the CFTC.
Domestic Toll Free: 1-866-844-9416.
International Toll: Under Related Documents to be posted on
www.cftc.gov.
Conference ID: 8311506.
Call Leader Name: Michael Jones.
Pass Code/Pin Code: CFTC.
Authority: 5 U.S.C. app. 2 Sec. 10(a)(2)
By the Commodity Futures Trading Commission.
Dated: July 17, 2012.
Sauntia S. Warfield,
Assistant Secretary of the Commission.
[FR Doc. 2012-17856 Filed 7-20-12; 8:45 am]
SEC: 2012-17763
DCarsonCPA.com is your weblink to the practice of Dean T. Carson II, CPA at work to support Financial Decision Makers across the lines of Government, Industry, Non Profit and Individual roles. Working with insight for Accounting, Taxes, Compliance, Advisory, Financials and Related Research.
Learn more at www.dcarsoncpa.com or e-mail info@dcarsoncpa.com .
CFTC: Meeting notice Technology Advisory Committee 7/26/12 - Public Meeting on Tech
SEC: Commission Guidance Regarding Definitions of Mortgage Related Security and Small Business Related Security - Interp and Comments.
1. CFTC:
[Federal Register Volume 77, Number 141 (Monday, July 23, 2012)]
[Notices]
[Page 43064]
[FR Doc No: 2012-17856]
=======================================================================
-----------------------------------------------------------------------
COMMODITY FUTURES TRADING COMMISSION
Meeting; Technology Advisory Committee
AGENCY: Commodity Futures Trading Commission (CFTC).
ACTION: Notice of emergency meeting of technology advisory committee.
-----------------------------------------------------------------------
SUMMARY: The CFTC announces that on Thursday, July 26, 2012, the CFTC's
Technology Advisory Committee (``TAC'') will hold an emergency public
meeting at the CFTC's Washington, DC headquarters, from 10:00 a.m. to
4:00 p.m. The TAC will focus on possible technology solutions to, among
other things, enable futures commission merchant customers, self-
regulatory organizations and the CFTC to verify in near real-time the
accuracy of the amount of funds held in customer segregated accounts.
DATES: The meeting will be held on July 26, 2012, from 10:00 a.m. to
4:00 p.m. Members of the public who wish to submit written statements
in connection with the meeting should submit them by July 19, 2012.
ADDRESSES: The meeting will take place in the Conference Center at the
CFTC's headquarters, Three Lafayette Centre, 1155 21st Street NW.,
Washington, DC 20581. Written statements should be submitted to:
Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st
Street NW., Washington, DC 20581, attention: Office of the Secretary.
Please use the title ``Technology Advisory Committee'' in any written
statement you may submit. Any statements submitted in connection with
the committee meeting will be made available to the public.
FOR FURTHER INFORMATION CONTACT: Laura Gardy, Commodity Futures Trading
Commission, Three Lafayette Centre, 1155 21st Street NW., Washington,
DC 20581, (202) 418-5354.
SUPPLEMENTARY INFORMATION: This emergency meeting of the TAC is being
held in response to the Commission's July 10, 2012 complaint against
Peregrine Financial Group Inc. (PFG), a registered futures commission
merchant (FCM), and its owner, Russell R. Wasendorf, Sr., alleging
fraud by misappropriating customer funds, violations of customer fund
segregation laws, and making false statements in financial statements
filed with the Commission. The filing of the complaint was triggered by
a National Futures Association (NFA) audit conducted earlier this month
which revealed that despite PFG's representations that it held in
excess of $220 million of customer funds, in fact, PFG held
approximately $5.1 million.
This meeting will focus on technological solutions to providing the
CFTC, self-regulatory organizations, and futures commission merchant
customers direct access to customer segregated account information in
order to help eliminate the possibility of theft and misappropriation
of customer funds. The TAC will explore related technological and legal
issues through panel presentations and open discussion. The meeting
will be open to the public with seating on a first-come, first-served
basis. Members of the public who wish to listen to the meeting by
telephone may do so by calling a toll-free telephone line to contact to
a live, listen-only audio feed. Call-in participants should be prepared
to provide their first name, last name and affiliation. Additionally, a
video recording of the meeting will be published through a link on the
CFTC's Web site.
All written submissions provided to the CFTC in any form will also
be published on the Web site of the CFTC.
Domestic Toll Free: 1-866-844-9416.
International Toll: Under Related Documents to be posted on
www.cftc.gov.
Conference ID: 8311506.
Call Leader Name: Michael Jones.
Pass Code/Pin Code: CFTC.
Authority: 5 U.S.C. app. 2 Sec. 10(a)(2)
By the Commodity Futures Trading Commission.
Dated: July 17, 2012.
Sauntia S. Warfield,
Assistant Secretary of the Commission.
[FR Doc. 2012-17856 Filed 7-20-12; 8:45 am]
SEC: 2012-17763
DCarsonCPA.com is your weblink to the practice of Dean T. Carson II, CPA at work to support Financial Decision Makers across the lines of Government, Industry, Non Profit and Individual roles. Working with insight for Accounting, Taxes, Compliance, Advisory, Financials and Related Research.
Learn more at www.dcarsoncpa.com or e-mail info@dcarsoncpa.com .
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