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.
JPMorgan to pay $4 million to settle SEC case over broker pay
By Gregory MottJP Morgan falsely stated that employee pay was based on clients performance and that no commissions were paid.
January 06, 2016
DOL's fiduciary regs may be especially bad for insurance BDsA Cerulli report warns that insurance broker-dealers face the greatest fiduciary risk among all advisor channels.
January 05, 2016
FINRA’s Top Exam Priorities for 2016FINRA CEO Richard Ketchum tells ThinkAdvisor that one of the top priorities for the year is managing brokers' conflicts of interest.
January 04, 2016
Michael Oxley, Co-Author of Sarbanes-Oxley, DiesWhen ThinkAdvisor spoke with Oxley in 2011, he had not yet started lobbying Congress on the SRO issue.
January 04, 2016
SEC Investor Advocate to Congress: 'Appropriate Limits' Needed in Elder Fraud RulesSEC's Fleming tells lawmakers that any new authority given BDs and advisors "to intervene in clients accounts" must include "limits on that authority."
December 31, 2015
3 Numbers the Fed (and Investors) Should Watch in 2016Russell Investments Economic Indicators Dashboard suggests which indicators to watch for further Fed action or inaction in the New Year.
December 31, 2015
How DOL's fiduciary will change the industry, and careersWhatever its final shape, the redefinition of fiduciary under ERISA will change business models and compliance costs for many advice givers.
December 31, 2015
Critics Blast IRS Plan to Collect Donors’ Personal DataThe proposal would help substantiate donations for tax purposes, but nonprofits worry it could deter donors and risk identity theft.