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 fiduciary foes said to be writing best-interest standard bill
By Melanie WaddellLabor Secretary Thomas Perez noted recently that the fiduciary redraft was a top priority to help strengthen and grow the middle class.
June 29, 2015
PE Firm KKR to Pay SEC $30M for Misallocating ‘Broken Deal’ ExpensesThis is the first SEC case to charge a private equity advisor with misallocating broken deal expenses, said SEC's enforcement chief.
June 29, 2015
DOL Fiduciary Foes Said to Be Writing Best-Interest Standard BillThe Department of Labors plan to revamp the definition of fiduciary under ERISA is likely to face yet another legislative hurdle.
June 26, 2015
Beyond the rhetoric: Three real life impacts of the DOL ruleDespite the complexity and contradictory requirements of the DOL, its impact on consumers can be explained fairly concisely and its harm is clear.
June 26, 2015
Beyond the rhetoric: Three real life impacts of the DOL ruleDespite the complexity and contradictory requirements of the DOL, its impact on consumers can be explained fairly concisely and its harm is clear.
June 26, 2015
SEC Enforcement: Oil CEO Charged With Bilking Investors via Spam EmailsMeanwhile, the microcap promoter who got in trouble for a pump-and-dump scheme involving Daniel Rudy Ruettiger's company is in the SEC's sights again.
June 26, 2015
4 Steps to Transfer Deceased Parents’ Brokerage Assets: FINRAAfter taking a flood of calls from children of deceased parents on its new senior helpline, FINRA issues an alert on transferring brokerage assets.
June 26, 2015
Senators Think Stock Buybacks Might Be ManipulativeSome politicians, like Sens. Elizabeth Warren and Tammy Baldwin, think that stock buybacks are bad and that the SEC should forbid them as market manipulation.