Federal Regulation
Get the latest news and insights on regulatory developments affecting financial advisors and the stock market and trading, including news about the SEC, DOL, IRS and the Financial Industry Regulatory Authority.
FINRA Sets Fines
By Trevor ThomasThe Financial Industry Regulatory Authority says it has fined 5 bank broker-dealers a total of $1.65 million in connection with allegations of inadequate oversight of sales of variable annuities and other products.
July 22, 2009
Boros Reacts To 151A RulingJoan Boros, an annuity law expert, says the U.S. Securities and Exchange Commission may still have trouble classifying indexed annuities as securities.
July 22, 2009
Boros Reacts To 151A RulingJoan Boros, an annuity law expert, says the U.S. Securities and Exchange Commission may still have trouble classifying indexed annuities as securities.
July 21, 2009
Battle rages on over 151AOn Tuesday the U.S. Court of Appeals for the Washington D.C. Circuit ordered the Securities and Exchange Commission to reconsider Rule 151A, which deems annuities linked to equity indexes to be securities subject to registration with the SEC.
July 21, 2009
BREAKING NEWS: US Court of Appeals spots holes in 151AThe path for SEC 151A took a detour today when the U.S. Court of Appeals for the D.C. Circuit made a decision regarding the controversial ruling. "Having determined that the SEC's analysis is lacking, we conclude that this matter should
July 21, 2009
Court Tosses SEC Rule On Procedural GroundsA federal appeals court panel today required the U.S. Securities and Commission to reconsider a regulation that would have classified indexed annuities as securities -- but it said the SEC can regulate the annuities as securities.
July 21, 2009
Court Tosses SEC Rule On Procedural GroundsA federal appeals court panel today required the U.S. Securities and Commission to reconsider a regulation that would have classified indexed annuities as securities -- but it said the SEC can regulate the annuities as securities.
July 20, 2009
BREAKING NEWS: US Court of Appeals spots holes in 151AThe path for SEC 151A took a detour today when the U.S. Court of Appeals for the D.C. Circuit made a decision regarding the controversial ruling. "Having determined that the SEC's analysis is lacking, we conclude that this matter should