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 WaddellImposing a DOL ERISA fiduciary duty on brokers will drive advice out of that space, former SEC investment management chief Norm Champ said.
February 23, 2016
Broker Arb Lessons From Animal House and Brian HamburgerA reader questions my objectivity on broker-dealers and FINRA arbitration. I respond, then get Brian Hamburger to weigh in.
February 22, 2016
DOL Fiduciary Rule Will Accelerate Broker-Dealer ClosingsThrow in continued stock market weakness and many BDs, especially smaller ones, will be forced to close their doors.
February 22, 2016
House Speaker Ryan: DOL Fiduciary Rule Could Block 7 Million IRAs From AdviceRep. Paul Ryan tweeted Monday that "up to 7 million IRAs wouldnt qualify for advice" under the DOL rule and vowed to stop it.
February 22, 2016
Anthem posts sales spending numbersThe insurance giant is also giving investors a peek at advertising and marketing spending.
February 22, 2016
House OKs Broader Definition of ‘Accredited Investor’The bill, which is now in a Senate committee, reflects the House's impatience with the SEC's failure to update the definition, a law firm says.
February 19, 2016
DOL Investigating Fortune 500’s Pension Payment PracticesMany "missing" plan participants aren't tracked down when they reach age 70 and are owed benefit payments, Morgan Lewis & Bockius attorneys say.
February 19, 2016
SEC to Move Examiners From BDs to RIAs in 2016: Chief WhiteAt SEC Speaks, Mary Jo White talks about shifting 100 examiners to RIAs and says she'll continue to develop support for fiduciary rule.