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 Takes Aim at Performance That’s Just Too Good to Be True
By Ben Bain, BloombergSEC will require RIAs to document their performance numbers, and disclose more about their use of separate accounts, including derivatives.
August 26, 2016
IMOs can anticipate hurdles ahead under the DOL ruleOne chief concern among industry stakeholders is that the DOL has outsourced enforcement of the fiduciary rule to the class action bar.
August 25, 2016
13 Firms Fined for Advertising F-Squared’s False Performance ClaimsPenalties range from $100,000 to a half-million dollars based upon the fees each firm earned from F-Squareds AlphaSector-related strategies.
August 25, 2016
A DOL Fiduciary Rule Compliance ChecklistHeres a pithy, practical six-point checklist to help advisors of all stripes comply with the DOL rule.
August 24, 2016
SEC Smacks 71 Municipal Issuers for Muni Bond ViolationsThe issuers sold muni bonds using offering documents that contained materially false statements or omissions about their compliance with continuing disclosure obligations.
August 24, 2016
Trone, Swisher to Craft ARA, Morningstar Fiduciary Education ProgramIRA Fiduciary Adviser education program will prepare advisors for a continuously shifting regulatory environment, says ARA's Graff.
August 23, 2016
How are rollovers treated under the DOL fiduciary rule?You can curb potential abuses by "capturing" rollovers.
August 23, 2016
4 Apollo Advisors to Pay SEC $52M Over Failure to Disclose Fees, ConflictsFour private equity fund advisors affiliated with Apollo Global Management misled investors and failed to supervise a senior partner's charges to the funds, SEC said.