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.
Republicans chop IRS budget again, setting up clash with Obama
By Richard Rubin, BloombergU.S. House Republicans are proposing a 7.7 percent cut to the IRS budget, setting the boundaries for a budget standoff over the next few months.
June 09, 2015
SEC Loses Fraud Case Against Robare GroupJudge dismisses fraud charges related to conflicts of interest against the Houston-based firm.
June 09, 2015
DOL fiduciary rule out by May 2016DOL will run out of time if the redraft is still 'outstanding' by Jan. 20, 2017, and a Republican candidate wins White House.
June 08, 2015
DOL Fiduciary Rule Out by May 2016: LawyerDOL must finalize a rule in the next year in order to implement it before another president takes office, ERISA lawyer Steve Saxon says.
June 05, 2015
EPA’s Fracking Study Bolsters Energy Industry, Undercuts EnvironmentalistsIndustry groups said that the result vindicated what they have been arguing for years: drilling activity has risks, but fracking doesnt deserve new federal oversight.
June 05, 2015
SEC Enforcement: Court Fines Advisor for Misleading Clients Into Switching FirmsMeanwhile, SEC charges four with posing as portfolio managers to steal inside information and then trading on it.
June 04, 2015
GOP Lawmakers Demand More Info on DOL, SEC Fiduciary Collaboration (Again)Two House Republicans say they haven't received "compelling information from DOL that meaningful coordination has taken place" between Labor and the SEC on fiduciary.
June 04, 2015
Mercatus’ Peirce Said to Be Leading Candidate for SEC SeatHester Peirce, a fellow at George Mason Universitys Mercatus Center, is the leading candidate to replace Commissioner Daniel Gallagher, sources say.