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.
DOL Fiduciary Guidance Coming Soon
By Melanie WaddellAt an IMCA conference, DOL's Timothy Hauser answered some advisors' questions about the rule and said more guidance was coming "fairly shortly."
July 14, 2016
SEC Charges Advisor With Overcharging in Wrap Fee ProgramAs subadvisor, RiverFront's "trade away" volume caused clients to incur millions in transaction costs, the SEC said.
July 14, 2016
SEC OKs New Rules for In-House ProceedingsIndividuals and companies will have more time to prepare for hearings and depositions in certain matters.
July 13, 2016
SEC Launches Exam Sweep of Advisors' Share Class PicksThe Share Class Initiative targets mutual fund and 529 plan share classes with substantial loads or fees, including 12b-1 fees.
July 13, 2016
Wyoming to Begin Registering RIAsWyoming was the last holdout of states that didnt require advisors to register with state regulators.
July 13, 2016
Fintech Leaders Cautious as Online Lender Regulations LoomFinancial technology representatives told Congress that they were wary, but not outright opposed, to new regulations being considered for the online lending sector.
July 12, 2016
Morningstar, ARA Deliver Fiduciary Education ProgramThe program "sets a new standard for fiduciary practices that goes beyond the mere letter of the law," says ARA head Brian Graff.
July 12, 2016
Former SEC Chief Walter Joins Investor Advisory CommitteeSEC named three new members to its Investor Advisory Committee, including former SEC Chairwoman Elisse Walter.