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.
Advisor Barred for Claiming Fund Was ‘SEC Approved’
By Melanie WaddellRegistration does not mean approval, and the regulators view any suggestion to the contrary as materially misleading, Cipperman Compliance points out.
February 05, 2015
Chamber of Commerce Raises Concerns With DOL Fiduciary RedraftTop execs at U.S. Chamber of Commerce lay out their concerns about new rules affecting prohibited transaction exemptions, rollovers and IRAs.
February 05, 2015
SEC Commissioners Rail Against Oppenheimer & Co. WaiverSEC waiver throws away "valuable enforcement tools" and adopts a policy of "too-big-to-bar," says Rep. Maxine Waters.
February 04, 2015
SEC officials say agency turned ‘Blind Eye’ to OppenheimerTwo members of the U.S. Securities and Exchange Commission blasted the agencys decision to spare Oppenheimer Holdings Inc.
February 04, 2015
SEC officials say agency turned ‘Blind Eye’ to OppenheimerTwo members of the U.S. Securities and Exchange Commission blasted the agencys decision to spare Oppenheimer Holdings Inc.
February 04, 2015
SEC Busts 3 Advisors for Falsifying State RegistrationsThe three firms claimed they did business in Wyoming, an unregulated state, while maintaining offices elsewhere, the SEC says.
February 03, 2015
SEC Names Grim Acting Director of Investment ManagementDavid Grim has served as deputy director of the division for the past two years.
February 03, 2015
BDs’ Cybersecurity Stronger Than Advisors’: SEC, FINRA ReportsBoth the SEC and FINRA will "likely bring enforcement actions if firms policies and procedures are found to be deficient, warns Sutherland's Brian Rubin.