Compliance Updates: April 2025 In Review
Oct 4, 2019
September was a relatively quiet month from a rulemaking perspective. Only one state made changes to its regulations during the month that went beyond document changes. We saw nothing new from government agencies or investors.
We did make a few changes to our document library in September. Details are below. Remember that you will always be up to date, up to the minute, by following the posts in our compliance blog.
One item that came up for study by our compliance team in September was the Taxpayer First Act that Congress passed earlier this year. The new law amends the code in regard to a taxpayer requesting tax return copies specifically for third-party verification of incomes. We are currently reviewing the change to determine any impact it will have on our document library.
State and Investor Compliance News
Only one state made changes this month that went beyond document updates.
Maryland. The state’s Department of Labor, Licensing, and Regulation has finalized its proposed revisions to Md. Code Regs. 09.03.06 and published the new rules in the Maryland Register. Notable changes include a shuffling of sections and new sections directed towards data protection standards. The final amendments take effect on October 4, 2019. And we are reviewing this change to determine any impact to our document library. Learn more.
Document Changes
There were quite a few changes made to the document library in September. They’ve been summarized below with links to the full descriptions of the updates.
You can always get the latest information from the industry’s very best compliance team on our compliance blog.
The preceding is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.