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.
FINRA Fines Ameriprise for Rep Who Stole $370K From His Family
By Janet LevauxAmeriprise was fined for allegedly failing to exercise reasonable due diligence in supervising the accounts, the regulator said.
September 12, 2016
ETFs Will Be in DOL’s CrosshairsThe proliferation and variety of ETFs mean that theres potential for bad apples worth investigating, Morningstars Michael Wong said.
September 12, 2016
JPMorgan’s Dimon Says It’s Time for Fed to Raise Interest RatesJPMorgan Chase's chairman and CEO said a "return to normal is a good thing" in his call for a rise in interest rates.
September 12, 2016
New IRS rules allow partial annuity payouts on DB pension plansThe IRS simplified three proposed bifurcation approaches into two following the initial proposal in 2012.
September 12, 2016
New IRS rules allow partial annuity payouts on DB pension plansThe IRS simplified three proposed bifurcation approaches into two following the initial proposal in 2012.
September 12, 2016
SEC to Sweep Advisors Who Hire Those With Disciplinary HistorySuch individuals may present an increased risk of future misconduct, and thus can present harm to clients, SEC says.
September 12, 2016
Online Lenders Face Increased ScrutinyMore regulation, higher costs could drive consolidation of traditional and online lenders, according Funding Stream's Russell Walraven.
September 12, 2016
Milevsky: Big flaw in DOL fiduciary rule; annuities take early hitMoshe Milevsky, an annuity expert, anticipates a negative short-term impact before homeostasis returns to the annuity space.