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.
House Bill Nixes DOL Fiduciary Rule’s Funding; Perez to Testify
By Melanie WaddellA House Appropriations Committee bill released Tuesday prohibits any of DOLs funds from being used to finalize, advance or enforce its fiduciary rulemaking.
June 15, 2015
SEC’s Stein Expects Fiduciary Rule, Sees ‘Cracks’ in Registered FundsSEC Commissioner Stein voiced concern with cracks starting to appear in the Investment Company Act's foundation, particularly regarding bank loans, ETFs and alternative mutual funds.
June 12, 2015
SEC Seeks Comments on Listing, Trading of New, Complex ETFsThe agency has seen a big increase in requests to approve novel exchange-traded products and is concerned about effects on retail investors.
June 12, 2015
SEC Enforcement: Phony Hedge Fund Manager Charged With Duping Small Businesses Out of $4MIn another action, a Canadian trader has agreed to settle SEC charges in a short-selling scheme.
June 10, 2015
House Panel to Keep SEC Budget Flat as Lobbyists Lose Hope on User FeesThe advisory industry needs to move on to other [exam] options like third-party audits and raising the AUM threshold for state-examined advisors, says TD's Schweiss.
June 10, 2015
DOL’s proposal significantly affects annuitiesDOLs proposal would limit the exemption to the sale of insurance contracts that are not securities under securities law.
June 10, 2015
DOL’s proposal significantly affects annuitiesDOLs proposal would limit the exemption to the sale of insurance contracts that are not securities under securities law.
June 10, 2015
IRS Deadlines Loom for Taxpayers With Offshore AccountsIRS reminds taxpayers of important June deadlines for FATCA and FBAR filings.