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.
House GOP Makes Last-Ditch Effort to Stall DOL Fiduciary Rule
By Melanie WaddellRep. Jeb Hensarling said he would advance Rep. Ann Wagner's Retail Investor Protection Act to stop the Department of Labor's misguided fiduciary rule.
September 28, 2015
Broker-Dealers and the Fiduciary RuleScenario 4: The DOL enacts its fiduciary rule. How does this change the way you charge and disclose fees? Which clients are most affected? How seriously does it affect your business?
September 27, 2015
Ann Wagner: "The American public is not as dumb as the government thinks they are""This is not a Wall St. issue, this is a Main St. issue!" Ann Wagner (R-MO) proclaimed at the annual IRI meeting.
September 25, 2015
Over Half of House Democrats Call for Changes in DOL Fiduciary PlanA comment letter signed by 96 House Democrats asks for a less prescriptive approach to fiduciary regulation.
September 25, 2015
Over half of House Democrats call for changes in DOL fiduciary ruleAround 96 House Democrats have signed a letter calling for further refinements to the rule.
September 25, 2015
SEC Enforcement: Advisor’s Deceptive Press Release on Barnes & Noble Halted TradingMeanwhile, a consultant to Panda Restaurant Group and his friend were charged with insider trading related to the bidding process for P.F. Changs.
September 23, 2015
It’s time to rebrand “true fiduciary”To paraphrase Buddy (aka Syndrome, the bad guy) in The Incredibles, When everybodys a fiduciary [evil chuckle] no one is.
September 22, 2015
SEC Censures, Fines St. Louis Advisor Firm for Lax Cybersecurity PoliciesA firm that "failed entirely" to protect thousands of clients' data from a cyberattack will pay a $75,000 fine.