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.
SEC Investment Management Director Champ to Exit
By Melanie WaddellChamp played a key role in the SECs money market fund reforms and instituted regular IM Guidance Updates. He will teach at Harvard Law.
January 20, 2015
SEC Bans Credit Rater S&P From Big Part of Bond MarketBan will last a year as part of a $60 million settlement regarding ratings of commercial-mortgage bonds in 2011.
January 16, 2015
Charity Watchdog Scores Victory on Access to Nonprofits' Tax FormsA federal judge has tentatively ruled in favor of an open-records activist who had sued the IRS to make nonprofit tax forms more accessible.
January 16, 2015
UBS's Dark Pool Was ShadyThis was a big week for the SEC, including levying a $14.4 million fine against UBS Securities for doing bad stuff in its dark pool.
January 15, 2015
ADP: Some employers to automate offering affordable coverageADP finds many will cap workers' share of premiums at exactly 9.5 percent of monthly pay.
January 15, 2015
Mass. Regulator Galvin Issues ‘Emergency’ Crowdfunding ExemptionThe Massachusetts Securities Division said Thursday that it had adopted a crowdfunding exemption for offerings within the state.
January 15, 2015
SEC, FINRA Enforcement: Franklin Resources, Chairman Sued for $150M Over Long-Ago Stock BequestIn another action, FINRA expelled a firm for stock manipulation and barred its CEO, who looted the firm to pay for tattoos and pet care.
January 15, 2015
UBS Securities to Pay $14M to SEC Over Dark Pool ViolationsTodays charges are notable for their breadth," says SEC's enforcement chief.