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 fiduciary rule will force brokers out, ex-SEC IM Director says
By Melanie WaddellNorm Champ also says the downsides of third-party advisor exams "far outweigh the upside."
February 29, 2016
Does DOL fiduciary rule comply with Obama executive order?As the DOL's proposed fiduciary rule enters the final stages of review, the ICI is calling for a meeting regarding the DOL's regulatory impact.
February 29, 2016
SEC Taking ‘Close Look’ at JOBS-Act-Related Offerings, Particularly CrowdfundingEnforcement unit scrutinizing Reg A+ and 506(c) private offerings; exams targeting retirement planning and ETFs.
February 26, 2016
Trump’s 12 Years of Tax Audits ‘Very Unusual’: Ex-IRS AgentPresidential candidate Donald Trump says this is due to his religion; Mitt Romney thinks the returns may contain "a bombshell."
February 26, 2016
Enforcement: FINRA Bars Broker for Market ManipulationMeanwhile, SEC, DOJ and Dutch authorities ordered telecom provider VimpelCom to pay more than $795 million over allegations it bribed an Uzbek official.
February 26, 2016
Beyond Mandatory Arb: 4 Options for Advisor-Client Dispute ResolutionWhen crafting investment advisory contracts, consider other dispute resolution mechanisms that may be a more attractive dispute alternative for firms and their clients.
February 26, 2016
FINRA’s 5 Biggest Fine Categories in 2015Suitability cases "came back in a big way" in 2015, the law firm Sutherland Asbill & Brennan reported.
February 25, 2016
No, DOL Fiduciary Rule Not Driving Advisors Away From Firms: Brian HamburgerThe market for breakaway advisors has never been more ripe, but thats not due to the DOL fiduciary proposal, says MarketCounsel's Brian Hamburger.