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.
‘Improving’ FINRA Among Top Goals for BD Lobby
By Melanie WaddellFSI executives say the self-regulator needs greater efficiency and cost-benefit analysis in rulemaking.
January 27, 2014
NCOIL seeks increased roleA letter specifically requests FACI membership for the NCOIL president, and was released in light of a new Federal Register notice seeking applicants for FACI membership.
January 27, 2014
SEC Chief: Rule Priorities in ’14 Include Money Market Funds, CrowdfundingFiduciary rule fails to make the list, but SEC Chief White talks up a new exam tool that can analyze millions of transactions a day.
January 24, 2014
KPMG to Pay SEC $8.2M to Settle Independent Auditor ViolationsKPMG broke auditor independence rules by providing prohibited non-audit services to affiliates of companies whose books they were auditing.
January 23, 2014
IRS drafts mandate penalty regsOne section could reduce the penalty for families that refuse to comply.
January 23, 2014
10 Tips for a Successful Rollover: FINRAFINRA reminds investors considering a retirement account rollover that due diligence can keep your nest egg from suffering unnecessary cracks.
January 23, 2014
Staying SEC-Compliant on Books & Records: Electronic RecordkeepingFor your SEC compliance pleasure, a plain-English translation of the Advisers Acts requirements on how you should maintain your records and provide them to examiners.
January 23, 2014
SEC, DOL Enforcement: Big Four Accounting Firms Must Disclose China-Related RecordsMeanwhile, DOL wins a $10 million settlement in ESOP case and Massachusetts bars an advisor for fraudulent, unethical activities.