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.
Arthur Levitt: SEC Deadlocked on Fiduciary, Advisors Need DOL Rule
By Melanie WaddellAs the Investment Advisers Act turns 75, ex-SEC Chairman Arthur Levitt, CFAs Barbara Roper and more discuss why the industry needs a strong fiduciary standard.
August 19, 2015
When Managing Trading Data, Ditch the SpreadsheetAs technology has made trading more advanced, its also put more pressure on firms to manage and store all that data.
August 19, 2015
How Not to Conduct a Legitimate Study on DOL Fiduciary CostsFSI/Oxford surveyed BD and clearing firm execs to get cost estimates for the DOL proposal, and then ran those predictions by other FSI member BDs.
August 19, 2015
FINRA Sweeping BDs on Comp PracticesRecruiter Jon Henschen says FINRA treats BDs like "moonshiners," made to pay "extortion money" in the form of fines for breaking ever-more convoluted rules.
August 19, 2015
Sons of Indicted Swiss Financial Adviser Keep Business in the FamilyAfter his indictment, Josef Becks directors formed another company to manage money for American citizens, records show.Photographer: Jason Alden/BloombergA few weeks after his indictment, Josef Becks directors formed another company to manage money for American citizens, records show
August 14, 2015
Witness says brokers try to pass themselves off as fiduciariesTestimony details retiree horror stories during hearings on DOL fiduciary rule.
August 14, 2015
Witness says brokers try to pass themselves off as fiduciariesTestimony details retiree horror stories during hearings on DOL fiduciary rule.
August 14, 2015
The estate tax dodge that went too farWealthy people have lots of ways to avoid the estate tax. But a federal judge says one family got a little too creative in dodging its tax bill.