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.
Is FINRA the Fox Guarding the Henhouse?
By Bob ClarkAs Ive written before, I have a grudging respect for the securities industry and its self-regulatory organization, FINRA: If he were alive today, Lex Luthor couldn't do it any better.
February 01, 2016
How Annuities Will Be Transformed by DOL Fiduciary RuleAfter DOLs rule is adopted this year, advisors will face a very different world when designing or selling annuities.
February 01, 2016
Barclays, Credit Suisse Fined $154M Over Dark Pool ViolationsThe SEC and the New York Attorney General slammed the firms for making misrepresentations about their trading venues to investors.
January 29, 2016
2015 spurred billions in bank fines, but not enough for WarrenIn a report, the U.S. Senators staff cited 20 cases in which they say prosecutors showed timidity by not pursuing individuals for civil or criminal misdeeds.
January 29, 2016
Bills to Replace DOL Fiduciary Rule to Get Marked Up on TuesdayThe proposals provide a "responsible legislative alternative" to the DOLs "controversial" fiduciary plan, says House Education & Workforce Committee Chairman John Kline.
January 29, 2016
Enforcement: Hedge Fund to Repay Nearly $3M for Hiding Losses From InvestorsGoldman Sachs was censured and fined $15M by the SEC for violating Regulation SHO.
January 29, 2016
DOL Fiduciary Rule Lands at OMB for ReviewSIFMA urges OMB to put the rule through a "comprehensive" cost-benefit analysis.
January 27, 2016
Debate on Fiduciary Is Over; Battle for ‘Best Interest’ Rages OnThe debate on fiduciary duties ended with the DOL rule win. The battle continues over the meaning of fiduciary and best interest.