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.
SEC Smacks 71 Municipal Issuers for Muni Bond Violations
By Melanie WaddellThe issuers sold muni bonds using offering documents that contained materially false statements or omissions about their compliance with continuing disclosure obligations.
August 23, 2016
4 Apollo Advisors to Pay SEC $52M Over Failure to Disclose Fees, ConflictsFour private equity fund advisors affiliated with Apollo Global Management misled investors and failed to supervise a senior partner's charges to the funds, SEC said.
August 23, 2016
3 IRA Transactions Exempt From DOL Fiduciary Level Fee RuleThere are three recommendations that are fiduciary in nature and automatically result in prohibited transactions under DOL's fiduciary rule, and they all involve IRAs.
August 22, 2016
DOL Rule: Is That All There Is?But make sure, RIAs, you're complying with the DOL's Advisory Opinion 2005-23A when providing rollover recommendations to plan participants.
August 21, 2016
The DOL fiduciary rule is bad news for small businessThe ability of small businesses to recruit, reward and retain talented workers will suffer under new federal regulations limiting their ability of offer retirement plans.
August 19, 2016
How Are Rollovers Treated Under the DOL Fiduciary Rule?IRA rollover advice is often rendered in the context of cross-selling, and cross-selling practices by their nature create potential conflicts of interest.
August 19, 2016
Apple, Google and Other Tech Giants Say Regulations Block Fintech InnovationRegulations on fintech are a "significant market barrier" for would-be disruptors, according to a consortium comprising Amazon, Apple, Google, Intuit and PayPal.
August 19, 2016
How Key Energy Got the SEC to Go Easy on Bribery ChargesThe SEC accused its Mexican subsidiary of violating provisions of the Foreign Corrupt Practices Act but only made the company disgorge $5 million in profits.