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.
Milevsky: Big flaw in DOL fiduciary rule; annuities take early hit
By Jane Wollman RusoffMoshe Milevsky, an annuity expert, anticipates a negative short-term impact before homeostasis returns to the annuity space.
September 09, 2016
Lynn Tilton Asks Supreme Court for Stay on SEC Fraud ChargeFounder of RIA firm Patriarch Partners has asked Justice Ginsburg to stay SEC fraud proceeding, charging Commission's administrative law judge systems is unconstitutional.
September 09, 2016
SEC Snags Raymond James, Baird for Wrap Fee ViolationsThe two firms were fined by the SEC for failing to disclose trade-away commissions
September 09, 2016
Enforcement: SEC Charges Sex Products CEO With Fraud; FINRA Fines Short SellerSEC charged Empowered Products with promotional fraud; FINRA censured and fined Timber Hill for not closing fail-to-deliver positions.
September 08, 2016
Ex-CFO at Schorsch-Related REIT ArrestedThe SEC and U.S. Attorney took action against Brian Block while pressing charges against Lisa McAlister, who has pleaded guilty.
September 08, 2016
Milevsky on DOL Fiduciary Rule: Big Flaws; Annuities Will SufferThe fiduciary standard rules overriding emphasis on fees is deeply flawed, says the academic. His short-term prognosis for the annuity industry? Poor.
September 08, 2016
Fee-only RIAs still need to monitor fiduciary rule exposuresFee-only registered investment advisors (RIAs) have the path of least resistance under the DOL's new fiduciary rule. But unanswered questions remain.
September 08, 2016
Fee-only RIAs still need to monitor fiduciary rule exposuresFee-only registered investment advisors (RIAs) have the path of least resistance under the DOL's new fiduciary rule. But unanswered questions remain.