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 Heading to OMB as Obama Gives Final State of the Union
By Melanie WaddellAn expedited OMB review of DOL's rule could put it out before April. Legal challenges are already being prepared.
January 11, 2016
SEC’s Top Exam Priorities for 2016SEC examiners will zero in this year on several new areas.
January 11, 2016
FINRA's top exam priorities for 2016FINRA CEO Richard Ketchum says that one of the top goals for the year is managing brokers' conflicts of interest.
January 08, 2016
Here's how much the DOL fiduciary rule may cost the industryFocusing only on the cost of implementing the proposed rule 'vastly' underestimates its potential impact.
January 08, 2016
SEC Bars Steven Cohen From Managing Money Until 2018Cohen, the former head of SAC Capital, gets a two-year supervisory bar and increased oversight for failing to supervise a portfolio manager's insider trading.
January 08, 2016
SEC Warns Advisors to Pay Closer Attention to 12b-1, Distribution FeesA recent exam sweep prompted the SEC to issue guidance on how advisors and funds can avoid mischaracterizing distribution fees, including 12b-1 fees.
January 08, 2016
CFP Board Disciplinary Roundup: 2015In one action, the CFP Board suspended an advisor barred by FINRA for converting funds from a customers estate and trust.
January 07, 2016
Watchdogs to CMS: Cut subsidies for exchange deadbeatsCMS says the IRS and issuers are in charge of tracking subsidy payments.