TITLE

SIA, ICI Ask for Revisions in MSRB's College Savings Programs Notice

AUTHOR(S)
Hume, Lynn
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/10/2003, Vol. 344 Issue 31653, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The United States Securities Industry Association and the Investment Company Institute (ICI) have each raised some concerns about the Municipal Securities Rulemaking Board's notice interpreting how the board's rules apply to marketing Section 529 college savings programs through employee payroll reduction programs. ICI said that if neither the broker-dealer with primary responsibility for distributing the plan nor the local brokers selling the plan have suitability obligations, then they should not have related record-keeping obligations under the board's Rule G-8 or supervisory responsibilities under the board's Rule G-27.
ACCESSION #
10069672

 

Related Articles

  • Why it's worth it. FREEMAN, PETER // Money (Australia Edition);Oct2011, Issue 139, p68 

    The article discusses the advantages and disadvantages of putting one's money into superannuation funds. It explains why employees make extra contributions to superannuation through a salary sacrifice management. Suggestions to make sure one's salary sacrifice arrangement is right are tackled...

  • Buying stocks direct. Cintron, Ivan // Black Enterprise;Jul2000, Vol. 30 Issue 12, p44 

    Offers advice for someone interested in entering the stock market through payroll deduction. Suggested companies to invest in; Web site for stock investors.

  • Netherlands. Reid, Alan; Secular, Leslie // Accountancy;May83, Vol. 94 Issue 1077, p10 

    This section reports on the plan of the Dutch government to remove the withholding tax on Dutch investments by certain non-residents in the Netherlands, in May 1983.

  • Save Thoughtfully. Dholakia, Paul; Tam, Leona // Leadership Excellence;Nov2008, Vol. 25 Issue 11, p12 

    The authors offer tips for saving money effectively. According to them, the best approach is to automate savings by signing up for automatic payroll deductions to retirement accounts, to not set specific savings goals too far ahead and to decide how much to save each month instead. They also...

  • THE PRICE TAG ON VICTORY. Paxton, Harry T. // Saturday Evening Post;12/19/1942, Vol. 215 Issue 25, p22 

    The article focuses on war savings. The pay-roll-deduction method of buying War bonds has spread since the attack of Pearl Harbor in December 1941. War savings has increased in Great Britain and Canada as of 1942. A joint committee is involved in establishing pay-roll-savings plans.

  • National Governors Association Issues Manufacturing Report.  // Quality Progress;May2004, Vol. 37 Issue 5, p16 

    The National Governors Association recently issued a comprehensive report on the state of manufacturing in the U.S., the impact of productivity and global competition on manufacturing jobs and prospects for growth. Manufacturing's Performance and Prospects concludes that Since the turn of the...

  • Retirement Plan Off Course? 5 Steps To Bridge The Gap. ANDREW EDWARDS // Investors Business Daily;3/20/2015, p00 

    The article retirement planning tips from senior financial planner Judith Ward of T. Rowe Investment Services. Among the recommendations mentioned are provision of companies with automatic deduction, delay in retirement, and standard debt payment. He also recommended to start investing at a...

  • Adviser: Don't give up on 401 (k) yet. Pallack, Becky // Inside Tucson Business;8/18/2003, Vol. 13 Issue 8, p4B 

    Focuses on the popularity of 401(k) plans in the U.S. Growth of the plans through regular payroll deductions and investments into mutual funds; Benefits of the plans according to financial advisers; Common choices for investing.

  • ONLINE FORUM.  // Employee Benefits;Jan2011, p15 

    The article presents insights from readers on the decline of the donation from employees to a payroll giving scheme in Great Britain.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics