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.
The DOL fiduciary rule's future remains murky
By Melanie WaddellAssistant Secretary of Labor Phyllis Borzi refuses to concede that the fiduciary rule faces certain death as a Republication senator tells her agency to halt implementation.
December 02, 2016
PIMCO to Pay SEC Nearly $20M for Misleading Total Return ETF InvestorsPIMCO didnt tell investors that the initial surge by the fundformerly managed by Bill Grosswas driven by a strategy that wasnt sustainable, the SEC said.
December 02, 2016
Trump’s Choice of Bharara Sends Message: We’ll Bust Corporate CriminalsEx-U.S. attorney John Wood believes Trump wants to hold the powerful accountable despite appointing several wealthy bankers to his administration.
December 01, 2016
10 Key Dates That Could Move MarketsSinead Colton of Mellon Capital says the final weeks of the year and the next 12 months could prove interesting.
December 01, 2016
DOL's Borzi: Rule or No Rule, There's No Going Back on Fiduciary"Im not going to conclude that this rule is going away" under the Trump administration, Borzi said at a Consumer Federation of America conference.
November 30, 2016
4 DOL fiduciary rule compliance considerationsAs firms transform their businesses to comply with the DOL fiduciary rule, challenges will be centered in four areas.
November 30, 2016
A Trump Repeal of the DOL Fiduciary Rule? Not So FastAdvisors and broker-dealers on a Nasdaq-sponsored panel recommend that advisors not count on a repeal of the rule anytime soon.
November 30, 2016
FINRA Hits Merrill With $7M Penalty on Customer AccountsFINRA fined Merrill for inadequately supervising its customers use of leverage in certain brokerage accounts.