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.
SEC Taking ‘Close Look’ at JOBS-Act-Related Offerings, Particularly Crowdfunding
By Melanie WaddellEnforcement unit scrutinizing Reg A+ and 506(c) private offerings; exams targeting retirement planning and ETFs.
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.
February 25, 2016
DOL Fiduciary Rule Will Force Brokers Out, Ex-SEC IM Director SaysImposing a DOL ERISA fiduciary duty on brokers will drive advice out of that space, former SEC investment management chief Norm Champ said.
February 24, 2016
Senator Blasts DOL for Ignoring SEC’s Fiduciary Rule ConcernsBut, consumer advocate Barbara Roper says, if Sen. Ron Johnson, R-Wis., and his committee went looking for a smoking gun, they failed to find it.
February 23, 2016
3 Big Holes in DOL Fiduciary Proposal, ICI SaysOn one-year anniversary of Obama endorsement of the proposal, ICI sends letter to the OMB about DOLs justification for the rule.
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.