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.
SIFMA, U.S. Chamber Barrage DOL as Fiduciary Rule Comment Deadline Looms
By Melanie WaddellSIFMA, for its part, filed not just one comment letter but eight, along with two studies highlighting the fiduciary rule's challenges.
July 17, 2015
SEC Awards $3M to Whistleblower Who Helped Crack ‘Complex Fraud’The whistleblowers specific and detailed information laid out a scheme that would have been very difficult to detect, the SEC said.
July 17, 2015
SEC Enforcement: Napkin-Eating Broker Settles; Ponzi Funds Used for PornAlso, a hedge fund manager admits to providing bad data, which affected recording of 552 million shares.
July 16, 2015
DOL Fiduciary Redraft Will Be Changed, Top Official SaysDOL is committed to fiduciary redraft but not wedded to any particular wording or text, says DOLs Hauser.
July 15, 2015
Yellen Upbeat on Economy Amid GOP AttacksYellen rejects more oversight of Fed as House Republicans criticize her.
July 15, 2015
DOL clarifies annuities in 401(k)s, kind ofThe department may think that their action encourages lifetime income annuities in 401(k) plans, but I think it does precisely the opposite," said the former director of the Pension Benefit Guaranty Corp.
July 15, 2015
DOL clarifies annuities in 401(k)s, kind ofThe department may think that their action encourages lifetime income annuities in 401(k) plans, but I think it does precisely the opposite," said the former director of the Pension Benefit Guaranty Corp.
July 14, 2015
IRS, Treasury halt buyouts of retirees getting a pensionThe Pension Rights Center applauds the move, calling the buyouts among the most cynical and dangerous pension abuses weve seen.