Lawmakers Push Vote on Spending Bill; SEC Funding Boosted
Lawmakers avert shutdown with a deal late Tuesday, but critics call it a “stealth attack on financial reform.”
BDs’ Comments Lead FINRA to Update Communication, Gift Rules
BDs request further guidance, updates on the two rules; FINRA's retrospective review process is ongoing.
SEC Slams Programmer of Virtual Currency-Based Stock Exchanges
SEC sanctioned a computer programmer for operating two online venues trading stocks using bitcoin or litecoin without registering them as BDs or stock exchanges.
7 Facts About After-Tax IRA Rollovers
IRA expert Ed Slott cites seven important takeaways from the new IRA guidance on after-tax rollovers.
SEC Pushes to Test Effectiveness of Investor Disclosures
“We should formulate a plan to incorporate thorough investor testing into as many of our projects as possible,” SEC Commissioner Kara Stein said.
House Renews Tax Extenders Through End of 2014
Rep. Camp of Michigan condemned “legislating on a temporary basis” as a “terrible way to make tax policy” before the House passed the measure.
NFP Rebrands Retirement Unit
NFP says its wholly owned subsidiary 401(k) Advisors Inc. has been renamed NFP Retirement.
FINRA Responds to SIFMA's Latest Critiques of Proposed Data System
Industry trade groups raise fresh concerns with latest plan to collect broker-dealer account data through Comprehensive Automated Risk Data System.
House to Vote on Tax Extender Bill by Thursday
The Tax Increase Prevention Act of 2014 will extend until year-end tax provisions that expired on Dec. 31, 2013.
GOP Blasts User Fees Plan, Tells SEC to Boost Exams Now
Reps. Hensarling and Garrett give SEC Chairwoman White a Dec. 5 deadline to detail how agency will reallocate resources.