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.
Silicon Valley’s Audacious Plan to Create a New Stock Exchange
By Ellen Huet, Brad Stone, BloombergThe author of The Lean Startup and his team are in early talks with the SEC.
June 12, 2016
DOL fiduciary rule faces fresh annuity industry lawsuitsThe fourth and fifth legal challenges to the rule were filed Thursday by the Indexed Annuity Leadership Council as well as Market Synergy Group in Kansas.
June 10, 2016
How to Comply With DOL’s Best Interest Standard of CareThe DOL fiduciary rules best interest standard of care will impact advisors advice on IRAs on both a macro and micro level.
June 10, 2016
Enforcement: Advisor Steered $11.5M of Client Money to His Own CompaniesMeanwhile, childhood friends were charged by the SEC with insider trading in deal targets being pursued by the pharmaceutical company where one of them worked.
June 09, 2016
Ric Edelman: DOL Rule Will Kill Off Half of All Advisors, Gouge WirehousesOne of the scariest aspects for the financial services industry, Edelman says, is that the new fiduciary rule will allow lawsuits.
June 09, 2016
House Panel Votes to Give SEC $1.5B in 2017; Hensarling Looks to End Dodd-FrankAmount is less than requested by Obama; also Rep. Jeb Hensarling floats ending Dodd-Frank under Financial CHOICE Act.
June 09, 2016
SEC Pays Out $17M Whistleblower AwardWhistleblower "provided high-quality information that led to sanctions against a major player in the financial markets," says whistleblower's lawyer.
June 09, 2016
DOL Fiduciary Rule Faces Another Suit by Annuity IndustryDOL fiduciary rule unfairly targets certain types of fixed annuity products, says IALCs Jim Poolman.