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.
DOL to delay fiduciary redraft release until January
By Melanie WaddellThe originally planned August release date is delayed.
May 27, 2014
DOL to Delay Fiduciary Redraft Release Until JanuaryLabor Secretary Perez told a Senate Appropriations subcommittee that the redrafting of the fiduciary proposal has been slowed down at my direction significantly.
May 23, 2014
SEC's White backs opposition to systematic risk labelWhite argues that, unlike banks, money managers dont accumulate large risky positions on their own balance sheets.
May 23, 2014
SEC: Accountant Bet Client’s Money at Client’s CasinoThe SEC found that Deloitte LLP's chief risk officer accepted tens of thousands of dollars in casino markers while advising the casino's audit.
May 22, 2014
SEC Enforcement: Fund Manager Charged With Defrauding Fellow Church MembersIn other actions, the SEC fined Rafferty Capital Markets for facilitating trades for an unregistered firm.
May 22, 2014
Harvey Pitt’s Solution to SEC’s RIA Exam ShortfallSEC Chairwoman Mary Jo White says third-party exams are a creative idea, but there are a number of issues. Ex-Chairman Pitt offers one solution.
May 21, 2014
Thomas Giachetti, Stark & Stark’s Legal Celebrity: The 2014 IA 25 ProfileTim Welsh of Nexus Strategy likes to call Giachetti the only celebrity securities attorney, but Giachetti says he never wanted to be a lawyer.
May 21, 2014
Gallagher: SEC fiduciary rule won’t ‘stave off’ DOL redraftThe rerelease of a DOL rule proposal is a very real issue, and we have to take it into account, SEC Commissioner Daniel Gallagher said.