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.
10 Key Regulation Best Interest Points, for Agents
By Allison BellStandardized compensation disclosures would be OK. Some sales-based incentives would be OK.
June 06, 2019
Life and Annuity Groups Give SEC's Final Best-Interest Standard Mixed ReviewsThe ACLI and NAIFA are praising Reg BI. AALU has concerns. IRI is reading.
June 05, 2019
Cheers, Jeers for SEC's New Advice-Standards RulesSIFMA said compliance would be difficult but worthwhile; Democratic lawmakers blasted the rules as inadequate.
June 05, 2019
SEC Passes Regulation Best Interest by 3-1 VoteReg BI, Clayton said, "will substantially enhance the broker-dealer standard of conduct beyond existing suitability obligations."
June 04, 2019
Will Reg BI Be Hammered by Lawsuits?Consumer advocate Barbara Roper thinks the rule "will have a very short shelf life."
June 04, 2019
DOL's New Fiduciary Rule Will Align With SEC Reg BI: RutledgeLabor's rule will align with the SEC's in order to mitigate confusion, the EBSA head said.
June 03, 2019
SEC Names CIA Veteran Zerrusen to Cybersecurity PostKevin Zerrusen has been named to serve as Chairman Jay Clayton's senior advisor for cybersecurity policy.
June 03, 2019
SEC Takes Emergency Action to Halt College Ponzi SchemeThe fraud was conducted by a recent graduate from a fraternity house near the University of Georgia campus, the SEC says.