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’s guilty plea puts wealth unit in spot with regulators
By Neil WeinbergJP Morgan needs the DOL's permission to keep managing money in the $8 trillion private pension market.
May 20, 2015
SEC Wants Big Form ADV ChangesThe SEC has approved a plan to require advisors to provide more data on separately managed accounts, branch offices and social media on Form ADV.
May 20, 2015
Taking stock of the DOL’s fiduciary rule proposalAbsent revisions to the DOL's proposal, the added burden could prompt an exodus of commission-based brokers.
May 19, 2015
NAIFA’s McNeely sees a ‘glimmer of hope’ on the fiduciary ruleA more informed reading of the existing product suitability standard should surmount the DOL's concerns, says McNeely.
May 18, 2015
SEC’s Gallagher, Aguilar to Depart as Agency Crafts Fiduciary ‘Term Sheet’Two commissioners are planning to exit as the agency drafts a term sheet on what a fiduciary rule should look like.
May 18, 2015
Exemptions Provide Key to Unlocking DOL Fiduciary RulesUnderstanding the exemptions to the proposed DOL fiduciary rules can be as important to the advisors practice as the rules themselves.
May 15, 2015
DOL Extends Fiduciary Comment Period by 15 DaysWith the 15-day extension, the initial comment period will be 90 days and the department anticipates the opportunity for public comments may be more than 140 days in total, DOL says.
May 15, 2015
Forget Fiduciary: Real Battle Coming Over HarmonizationSEC "hasnt been doing its job for a long time," MarketCounsel CEO Brian Hamburger says, and the DOL fiduciary controversy obscures a bigger fight ahead.