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.
NAFA: Insurers to ‘have their butts sued off’ under DOL fiduciary rule
By Melanie WaddellNAFA lawyers told a U.S. District judge Thursday that individual insurance agents would be forced to become registered investment advisors under the Department of Labors fiduciary rule.
August 26, 2016
Insurers to ‘Have Their Butts Sued Off’ Under DOL Fiduciary Rule: NAFA LawyerIn the first hearing in a series of lawsuits, NAFA argues the DOL fiduciary rule embodies overreach to do things Congress never intended.
August 26, 2016
SEC Takes Aim at Performance That’s Just Too Good to Be TrueSEC will require RIAs to document their performance numbers, and disclose more about their use of separate accounts, including derivatives.
August 26, 2016
What Advisors May Not Know About the DOL Fiduciary RulePension law attorney Marcia Wagner lays out not just the basics of the rule but some details that may surprise you.
August 26, 2016
IMOs can anticipate hurdles ahead under the DOL ruleOne chief concern among industry stakeholders is that the DOL has outsourced enforcement of the fiduciary rule to the class action bar.
August 26, 2016
IMOs can anticipate hurdles ahead under the DOL ruleOne chief concern among industry stakeholders is that the DOL has outsourced enforcement of the fiduciary rule to the class action bar.
August 25, 2016
13 Firms Fined for Advertising F-Squared’s False Performance ClaimsPenalties range from $100,000 to a half-million dollars based upon the fees each firm earned from F-Squareds AlphaSector-related strategies.
August 25, 2016
A DOL Fiduciary Rule Compliance ChecklistHeres a pithy, practical six-point checklist to help advisors of all stripes comply with the DOL rule.