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 Enforcement: Fund Manager Charged With Defrauding Fellow Church Members
By Marlene Y. SatterIn other actions, the SEC fined Rafferty Capital Markets for facilitating trades for an unregistered firm.
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.
May 20, 2014
Insurance regulation headed for a ‘hybrid model’?Rep. Ed Royce, R-Calif., said he envisions a hybrid model with layered regulation by states and the federal government.
May 20, 2014
Gallagher: SEC Fiduciary Rule Won’t ‘Stave Off’ DOL RedraftFolks have said do a rulemaking because it will stave off Labor. I dont like rulemaking to stave off other people, says SEC's Gallagher.
May 20, 2014
FINRA’s ‘Total Warfare’ Against Brokers in ArbitrationBreakaway brokers and pros across the financial industry cite biased panelists, missing hearing records and a 93% win rate for brokerages.
May 19, 2014
FINRA trade-surveillance system will be curbedFINRA, Wall Streets self-regulator, is changing the design of a trading-surveillance system that has drawn opposition from brokers.
May 19, 2014
FINRA trade-surveillance system will be curbedFINRA, Wall Streets self-regulator, is changing the design of a trading-surveillance system that has drawn opposition from brokers.
May 19, 2014
Advisor barred for hiding astrology-based investment strategyAmong recent enforcement actions, the SEC barred an investment advisor who failed to tell his clients that he used astrology to determine his investment strategy.