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.
R-IPOF? SEC Charges Ohio Fund Manager with Fraud
By Staff WriterCLEVELAND (HedgeWorld.com)--Another Buckeye State investment firm has caught the eye of the Securities and Exchange Commission, which filed a complaint in U.S. District Court against David A. Dadante, 52, alleging seven counts of securities fraud in relation to the IPOF Fund, managed by Mr. Dadante since 1999. Mr. Dadante, according...
May 01, 2006
The Cost of ComplianceThe securities industry spent about $25 billion on compliance in 2005, up from $13 billion in 2003, while firms spent an average of 13.1% of...
May 01, 2006
Group ThinkOn March 29, NASD Executive VP of Regulatory Policy and Oversight Elisse Walter testified before the Senate Committee on Aging regarding investment fraud targeting the...
April 17, 2006
Broker Proposes Preferred Fund Restitution PlanEdward D. Jones & Company L.P. wants to use electronic fund transfers to pay out most of a $75 million client compensation fund.Edward Jones, St. ...
April 16, 2006
ACLI Objects To SEC Market Timing ProposalLife insurers are concerned that a regulation proposed by the Securities and Exchange Commission to curb abusive market timing will put variable annuities at a ...
April 16, 2006
ACLI Objects To SEC Market Timing ProposalLife insurers are concerned that a regulation proposed by the Securities and Exchange Commission to curb abusive market timing will put variable annuities at a ...
April 13, 2006
ACLI To SEC: Use Different Tool To Slow TradingLife insurers say a redemption fee proposal is the wrong hammer to use to fix the investment fund market-timing problem.The U.S. Securities and Exchange Commission ...
April 13, 2006
ACLI To SEC: Use Different Tool To Slow TradingLife insurers say a redemption fee proposal is the wrong hammer to use to fix the investment fund market-timing problem.The U.S. Securities and Exchange Commission ...