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 Enforcement Chief Looks Back Over the Past Year
By Bernice NapachAndrew Ceresney talks of "much improved analytical tools" and big cases against private equity firms, among other regulatory wins.
October 16, 2015
White Says Private Fund Data Gives SEC Truer Picture of Risk in SystemData suggests private funds are healthier operations with less leverage and more controlled risk profiles than was the case five years ago, SEC chief says.
October 16, 2015
DOL Chief: We Won’t Play ‘Gotcha’ With Fiduciary EnforcementLabor Secretary Thomas Perez signaled Friday that DOL expects a legal challenge to fiduciary rule but that it will work with stakeholders on compliance.
October 16, 2015
Spending Bill Rider May Be Best Way to Stop DOL Rule: Rep. Wagner AideLegislative staffer says adding rider to broader spending bill would keep the president from vetoing it. Failing that, there's the lawsuit option.
October 16, 2015
SEC, FINRA Enforcement: Wolverine Units Misused Nonpublic InformationMeanwhile, FINRA censured and fined Merrill's clearing arm.
October 15, 2015
FINRA’s Ketchum: 3 Top Exam Priorities for 2016Every year in Q1, FINRA publishes a letter about its regulatory and exam priorities. On Thursday, CEO Richard Ketchum offered a preview for 2016.
October 15, 2015
FINRA Proposes Rule for BDs to Help Stop Elder FraudBDs would be required to obtain a trusted contact for an elderly customers account; empowered to put holds on fraudulent-looking transactions.
October 14, 2015
Regulation: Still a big industry concern (though a tad less)Less than half (48 percent) of insurance professionals are concerned about their organizations ability to invest in new compliance technologies.