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.
Cash Balance Plans, QLACs Gaining Thanks to New Treasury and IRS Regs
By Melanie WaddellNew rules are helping cash balance plans and QLACs become attractive retirement planning options.
August 28, 2015
DOL, SEC Enforcement: DOL Wins Settlement for WhistleblowersMeanwhile, the SEC charged a former investment bank analyst who worked in JPMorgans San Francisco office with insider trading.
August 28, 2015
Are Treasury’s AML Rules for Advisors a Waste of Time?IAA is looking at FinCENs proposed anti-money laundering rules to assess whether the expected benefits justify the compliance costs.
August 25, 2015
TIGTA: IRS delayed sending PPACA delay dataIRS managers sometimes took weeks to talk about newly identified project risks, officials say.
August 25, 2015
CBO cuts PPACA exchange subsidy spending estimateThe current-year projection is about 10 percent lower.
August 25, 2015
SEC Finds Shady Practices in BDs' Structured Product SalesExaminers found suitability violations including heavy sales to customers who were elderly, didn't speak English or had a conservative investment objective.
August 24, 2015
Schwab Hit With $2M FINRA Fine Over Net Capital DeficienciesOn three occasions in 2014, Schwab was short on net capital by as much as $775 million.
August 21, 2015
FINRA Enforcement: Sterne Agee Fined Over Lost LaptopMeanwhile, Capital Guardian was fined for failing to detect suspicious transactions involving Venezuelan bonds.