We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.

Search results

Order by: most recent most popular relevance



Results:1-10 of 12

Ohio Supreme Court Clarifies the Definition of “Participating in or Aiding” Securities Fraud
  • Ulmer & Berne LLP
  • USA
  • November 7 2018

In a recent landmark decision, the Ohio Supreme Court declared that R.C. 1707.43 does not impose joint and several liability on a custodian of a


US SEC warns about cryptocurrency-based self-directed IRAs
  • Hogan Lovells
  • USA
  • August 20 2018

The US Securities and Exchange Commission (SEC) has advised investors to avoid self-directed individual retirement accounts (IRAs) based on


Does Peek v. Comm’r extend to rollover as business start-ups (ROBS) arrangements?
  • Latham & Watkins LLP
  • USA
  • June 11 2013

The United States Tax Court recently ruled against a group of taxpayers in a significant case concerning the legality of transactions involving


DOL opines that security interest in non-IRA brokerage assets to cover IRA indebtedness is a prohibited transaction
  • Eversheds Sutherland (US) LLP
  • USA
  • November 30 2009

In Advisory Opinion 2009-03A (October 27, 2009), the U.S. Department of Labor (DOL) opined that the pledge of an IRA owner’s personal accounts at a brokerage firm to secure the payment of any debt or liability in his self-directed IRA maintained with that firm would violate the prohibited transaction rules of Internal Revenue Code 4975.


Broad pledge and lien provision in IRA brokerage agreement is prohibited transaction
  • Katten Muchin Rosenman LLP
  • USA
  • November 13 2009

In Advisory Opinion 2009A-03, the Department of Labor (DOL) determined that it would be a prohibited transaction under Section 4975 of the Internal Revenue Code (Code) for an individual retirement account (IRA) to enter into a pledge and lien agreement involving a customer’s regular brokerage account and the customer’s IRA.


Daniela Paez
  • Ulmer & Berne LLP




Gregory Lisa
  • Hogan Lovells