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.
QLAC regulations: Why they should matter to you
By Russell E. Towers, J.D., CLU, ChFCThe U.S. Treasury has issued final regulations for Qualifying Longevity Annuity Contracts in retirement plans and IRAs. Heres what retirement advisors need to know.
February 10, 2016
SEC Has ‘Open Investigations’ of Private Offerings to Accredited InvestorsThe SEC is investigating whether some issuers of private placements failed to properly vet accredited investors, Chairwoman Mary Jo White said.
February 09, 2016
Most Advisors Don’t ‘Fully Understand’ DOL Fiduciary Rule: Eaton VanceThere will be an enormous educational effort for the industry to try to understand" the impending fiduciary rule, says Eaton Vance's John Moninger.
February 08, 2016
Hedge Fund Attacks Texas REIT as ‘Ponzi-Like Scheme’Hedge fund manager Kyle Bass is shorting the United Development Funding IV REIT, which was sold by RCS Capital.
February 08, 2016
FINRA: Broker Lied to Native American Tribe About Nontraded REIT CommissionsThe broker didn't tell the tribe he personally made $9.6 million in commissions for REIT and BDC recommendations, FINRA says.
February 05, 2016
SEC to Release Third-Party Advisor Exam Rule in Spring: TDAI’s SchweissWriting a fiduciary rule that still allows proprietary product sales is an "impossible task" for the SEC, says TDAI's Skip Schweiss.
February 05, 2016
Justices Will Know Insider Trading When They See ItA loose but useful way to think about U.S. insider-trading law is that it is supposed to encourage research, but discourage cheating.
February 05, 2016
SEC Enforcement: Wells Fargo to Pay $1.2B on Mortgage FraudIn another action, a Miami brokerage will pay $1 million to settle anti-money laundering charges.