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, FINRA Enforcement: Citi Global Markets Fined $2 Million
By Marlene Y. SatterIn another action, an investor relations firms exec was charged with insider trading.
August 27, 2014
SEC Tightens Rules on Credit Rating Agencies, Asset-Backed SecuritiesABS issuers and rating agencies will be held accountable under significant new rules governing their activities," said SEC's White.
August 27, 2014
AIG's ex-CEO Hank Greenberg suit cleared for trialA federal judge clears for trial a claim by Maurice Greenberg, former chairman and CEO of AIG.
August 27, 2014
AIG's ex-CEO Hank Greenberg suit cleared for trialA federal judge clears for trial a claim by Maurice Greenberg, former chairman and CEO of AIG.
August 26, 2014
6 Steps to Complying With SEC Email RegulationsHiring a vendor to capture and archive emails within your advisory firm is the beginning, not the end, of complying with SEC rules and regs.
August 25, 2014
SEC Is Getting Into the WeedsIm on another flight as I type this, on my way to prepare another firm for its visit from the grim reaper (aka, the SEC).
August 25, 2014
FINRA Fines on Pace to Approach Financial Crisis Levels, Led by ‘Supersized’ FinesFines imposed by the Financial Industry Regulatory Authority in 2014 are poised to far outpace those reported by the regulator in 2013, according to an analysis released Aug. 1 by the law firm Sutherland Asbill & Brennan.
August 25, 2014
What's Next for the Fiduciary Standard?While the industry awaits a decision by the SEC on whether it will move forward with a uniform fiduciary rule for brokers and advisors, fiduciary advocates will engage this month in a debate about the importance of the two fiduciary rulemakings being considered by the SEC and the DOL.