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.
3 IRA Transactions Exempt From DOL Fiduciary Level Fee Rule
By Fred ReishThere are three recommendations that are fiduciary in nature and automatically result in prohibited transactions under DOL's fiduciary rule, and they all involve IRAs.
August 19, 2016
How Are Rollovers Treated Under the DOL Fiduciary Rule?IRA rollover advice is often rendered in the context of cross-selling, and cross-selling practices by their nature create potential conflicts of interest.
August 19, 2016
Apple, Google and Other Tech Giants Say Regulations Block Fintech InnovationRegulations on fintech are a "significant market barrier" for would-be disruptors, according to a consortium comprising Amazon, Apple, Google, Intuit and PayPal.
August 19, 2016
How Key Energy Got the SEC to Go Easy on Bribery ChargesThe SEC accused its Mexican subsidiary of violating provisions of the Foreign Corrupt Practices Act but only made the company disgorge $5 million in profits.
August 19, 2016
Enforcement: Goldman Trader Barred for Misleading CustomersIn another action, Ameriprise was censured and fined by FINRA for failing to supervise its registered reps sales of closed-end funds.
August 18, 2016
Back-to-School Tax Scams on the Rise: IRSIRS is warning of telephone scammers targeting students and parents demanding payments for nonexistent taxes, such as the Federal Student Tax.
August 18, 2016
DOL Fiduciary Rule Hits BDs’ IT Budgets, Product LinesBroker-dealers have to make a lot of very difficult, and in some cases expensive, decisions, ERISA lawyer Fred Reish says.
August 18, 2016
DOL roundtable: Views from industry veteransRepresentatives from all sides of the insurance industry recently discussed the implications of the DOL fiduciary rule.