标题: Legal and Regulatory - for Inst IPS [打印本页] 作者: Flok 时间: 2013-4-17 19:09 标题: Legal and Regulatory - for Inst IPS
Can you list the regulators etc that apply for each?
DB plans -
Ins cos -
Foundations -
Endowments -
Banks -作者: LPoulin133 时间: 2013-4-17 19:10
DB
- ERISA
- Plan sponsor is trustee of plan
Insurance
-Life Ins is highly regulated
-Non-life, not so much
Foundation
-UMIFA or Prudent Investor
Endowment
- UMIFA or Prudent investor
Bank
- Highly regulated.
-capital reserves requirements作者: jawz 时间: 2013-4-17 19:10
DB plans - DOL, IRS, PBGC
Ins cos - NAIC, IRS, SEC
Foundations - ?
Endowments - ?
Banks - SEC, IRS, FDIC作者: scruge 时间: 2013-4-17 19:10
Non-Life - subject to Risk Based Capital requirements (RBC)作者: scruge 时间: 2013-4-17 19:10
Banks highly regulated…. not enough if you ask Obama!作者: smartpants 时间: 2013-4-17 19:10
all insurance companies are subject to RBC. It’s a bigger issure for life than for nonlife.
RBC ratios are used by the state insurance commissioner, who is part of the NAIC.
mwvt9, where do you see in the syllabus that nonlife are subject to RBC? Does it state / imply that life are not subject to RBC?
