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 Moving Forward on Fiduciary Redraft: Perez
By Melanie WaddellLabor Secretary Thomas Perez said to expect a redraft "in the coming months" while announcing a plan to require 401(k) fee disclosure guides.
March 08, 2014
PIABA: FINRA withholding critical 'red flag' informationIt's time to release FINRA and state disclosures to the public, according to a recent study by PIABA, which cites FINRAs BrokerCheck as deleting critical information for investors.
March 07, 2014
FINRA responds to study finding holes in BrokerCheckPIABA says BrokerCheck hides data available from the states, but FINRA says it has to be fair.
March 06, 2014
Missing persons reportEGTRRA created the automatic rollover IRA, enabling plans to cash out or rollover participants' balances.
March 06, 2014
Missing persons reportEGTRRA created the automatic rollover IRA, enabling plans to cash out or rollover participants' balances.
March 06, 2014
FINRA’s BrokerCheck ‘Hides’ Criminal Records, Has Other Holes, Study SaysPIABA study says extent of omitted red flag information is so serious that unwitting investors could hire brokers with criminal records.
March 06, 2014
Advisor Groups ‘Working Hard’ to Get Senate User Fees BillAdvisor groups lobby for bipartisan Senate bill as House bill languishes and FINRA remains committed to gaining oversight of advisors.
March 05, 2014
SEC Levies Largest Short Selling SanctionA Long Island-based proprietary trading firm and its owner have agreed to pay $7.2 million for Rule 105 short selling violations.