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 Proposes New Rule to Require Business Continuity Plans
By Thomas D. GiachettiUnder the rule, it would be unlawful for an RIA to provide investment advice if it does not adopt a BCP and review it annually.
July 24, 2016
U.S. Chamber: DOL overstepped its authority with fiduciary ruleAn investor attorneys' group has challenged NAFA's lawsuit claim that the DOL lacks the authority to regulate IRAs.
July 22, 2016
Heightened mortality, DOL rule take toll on life/annuity salesIt is not yet clear if recent heightened mortality is a long-term trend or a short-term anomaly.
July 20, 2016
DOL Overstepped Its Authority With Fiduciary Rule, US Chamber Tells JudgeIn motion for summary judgment, the U.S. Chamber of Commerce says DOL has no authority to regulate IRAs; an investor attorneys' group begs to differ.
July 19, 2016
FINRA fines Prudential Financial VA unitA variable annuities distribution unit of Prudential Financial has been fined $950,000 by the U.S. Financial Industry Regulatory Authority (FINRA).
July 19, 2016
SEC Talks Crowdfunding, Grapples With Accredited Investor RulesMore than 60 offerings have been held since the crowdfunding rule took effect in May, said SEC chief Mary Jo White.
July 19, 2016
Don’t Waste the ‘Summer of DOL’ as Fiduciary Compliance Clock TicksFrom analyzing your client base to tech updates, there's a lot to get done before April, John Gebaur of NRS says.
July 19, 2016
SEC Proposes Making Brokers Reveal Where Client Orders GoRegulator seeks comment on ramped-up broker disclosure rules; institutions would get more information on how orders filled.