Compliance March 6, 2007

DoL Releases PPA-Generated Rule on QDROs

March 6, 2007 (PLANSPONSOR.com) - Federal rulemaking generated by the Pension Protection Act (PPA) continued Tuesday with the U.S. Department of Labor's (DoL) unveiling of an interim final rule about qualified domestic relations order (QDRO) requirements.
Reported by

The PPA requires DoL issue regulations by August 2007 clarifying that a domestic relations order otherwise meeting the Employee Retirement Income Security Act’s (ERISA) requirements would not fail to be treated as a QDRO solely because of when it is issued or because it is issued after, or revises, another domestic relations order, according to a DoL news release.

The rule includes examples to address various circumstances involving the timing of a domestic relations order.

For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.

The full text of the rule is  here .

While the rule will become effective 30 days after publication, the public is invited to submit written comments electronically to e-ORI@dol.gov or through the federal e-rulemaking portal at www.regulations.gov .

Products March 5, 2007

GAIN Capital Makes FOREXTrader Windows Compatible

March 5, 2007 (PLANSPONSOR.com) - GAIN Capital Group, LLC, which provides Foreign Exchange (Forex) trading and services, has come out with a trading platform compatible with Mircrosoft Windows, bringing the number of platforms to four.
Reported by

According to a company press release, the FOREXTrader for Windows platform is built on Microsoft ‘ s .NET framework and gives users a secure Internet-based trading solution.

The features of the FOREXTrader for Windows include:  

For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.

  • The ability to view 25 charts simultaneously; open orders and positions are displayed directly on the charts. A new tab format makes it easy to flip between multiple charts and trade setups.
  • Access to aninterface that provides access to available information and tools and supports high volume trading.
  • The ability to choose from a selection of pre-defined screen layouts or manually create and save an unlimited number of custom layouts.
  • Automated trade execution via a proprietary API for clients utilizing an algorithmic trading system or their own black box strategy.
  • Support for a variety of single and contingent orders; redesigned order entry screens facilitate faster input and edits to existing orders.
  • Integrated real-time news feed, up to the minute market commentary feeds, daily and weekly research, streaming ticker of major market indices, audible alerts, and more.
  • Client data & trading transactions are sent using SSL 128-bit encryption.
  • Designed to be easily white labeled and also supports multiple languages.

With the launch of FOREXTrader for Windows, GAIN Capital Group now offers clients a choice of four trading platforms, including FOREXTrader.java, FOREXTrader.web, a light browser-based version, and a fully functional mobile trading solution, FOREXTrader.wireless.

FOREXTraderfor Windows is available at no charge to GAIN clients and can be accessed at    www.gaincapital.com , and Forex traders can register for a 30-day free trial of the trading platform by visiting  www.forex.com/demo .

«