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.
DOL clarifies annuities in 401(k)s, kind of
By Nick ThorntonThe 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
Report: Insurers investing heavily to comply with global regsAlmost 9 in 10 institutions surveyed by Accenture say that GSR will increase the industrys profitability.
July 14, 2015
Cybersecurity ‘Not Owned’ by Compliance but Shared: FINRA ExecCybersecurity is an operational risk issue, said FINRAs Daniel Sibears.
July 13, 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.
July 13, 2015
IRS, Treasury Close Alt Investment Tax LoopholeSen. Ron Wyden applauds the move to "bring the hammer down on these basket options once and for all."
July 10, 2015
Wells Fargo Grabs Morgan Stanley, Merrill Reps as Raymond James Nabs UBS TeamThe four new Wells Fargo advisors come on board with some $900 million in assets; the new RJ group has some $300 million.
July 10, 2015
Enforcement: Chase to Pay $136M Over Debt Collection PracticesMeanwhile, FINRA barred five brokers for a sham private placement offering.
July 09, 2015
Fitch warns of potential disruptions from DOL ruleDisclosure requirements in the fiduciary rule proposed by the DOL could present hidden surprises to RIAs fee-based model, analysts at Fitch say.