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.
DOL Files to Consolidate 3 Fiduciary Suits in Texas; House Sets Veto-Override Vote
By Melanie WaddellThe plaintiffs agree to consolidation but want the court to "proceed quickly" as the first deadline approaches in less than a year.
June 20, 2016
DOL 101: The fiduciary rule's impact on annuity carriersCarriers have a long haul ahead with DOL rule implementation, regardless of product type offered.
June 17, 2016
Q1 Annuity Sales Up 7.6% From Year Ago, but Will DOL Kill Growth?While annuity sales remain strong, according to an IRI report, annuity groups are fighting to minimize the DOL fiduicary rule's impact on the industry.
June 16, 2016
Advisors, Do You Have a Dementia Escalation Plan?As the base of clients advisors serve gets older, they may well find themselves with a client who exhibits signs of diminished capacity.
June 16, 2016
House Panel Passes 8 Bills Including Adviser Act Reform, CrowdfundingThe House Financial Services Committee passes eight economic growth bills.
June 16, 2016
Vanguard’s McNabb: DOL Got It Right; Get Used to Shrinking FeesAdvisors need to learn to use technology to help business, McNabb said at Morningstar Conference, envisioning a hybrid future for advisors.
June 16, 2016
Enforcement: Alleged Fraudster Used Dating Site to Find Victims, SEC SaysIn another action, two California-based municipal advisory firms were charged with deceiving five California school districts.
June 16, 2016
SEC Chief White: No fiduciary rule till after Obama departsThe SEC will watch the DOL fiduciary rule unfold to see if a "conflict develops," the SEC chief told Senate Banking Committee.