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.
A Less Scary SEC?
By Elizabeth D. FestaWhen the talk turns to Securities and Exchange Commission examinations and inspections, advisors tend to take notice. How can they do otherwise? The SEC conducted...
March 13, 2006
Legal Roundup: Two Actions and a 'No Action'BRIDGEPORT, Conn. (HedgeWorld.com)--The former chief operating officer of Durus Capital Management LLC was sentenced to one year of probation and a fine of $10,000 Monday [March 6]. Douglas Schmidt had pleaded guilty five months before to a charge of aiding and abetting the filing of false reports with the Securities...
March 06, 2006
Lawsuits Against Georgia Hedge Fund Piling UpATLANTA (HedgeWorld.com)--A potential hedge fund blowup is bubbling over in the former homeland of the boll weevil. A Georgia hedge fund management firm, International Management Associates LLC, and a related entity, International Management Associates Advisory Group LLP, have seemingly dissolved overnight. Some $150 million in investor assets is thus far...
March 05, 2006
Action Unlikely This Year On Bills Modernizing Insurance RegulationLegislation modernizing the insurance regulatory system will be introduced this spring in both the House and Senate, but the likelihood of passage this year is ...
March 05, 2006
Action Unlikely This Year On Bills Modernizing Insurance RegulationLegislation modernizing the insurance regulatory system will be introduced this spring in both the House and Senate, but the likelihood of passage this year is ...
March 03, 2006
SEC: MetLife Still A Well-Known IssuerThe U.S. Securities and Exchange Commission says a financial services giant can continue to have easy access to the U.S. capital markets.Mary Kosterlitz, an official ...
March 02, 2006
SEC: MetLife Still A Well-Known IssuerThe U.S. Securities and Exchange Commission says a financial services giant can continue to have easy access to the U.S. capital markets.Mary Kosterlitz, an official ...