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, DOL Enforcement: Indiana School District, Muni Bond Writer Face Investor Fraud Charges
By Marlene Y. SatterRecent actions include FERC winning a $410 million settlement from JPMorgan, DOL stepped in against Kentucky-based plan fiduciaries, insider trading charges against former CEO in Spain.
July 30, 2013
SEC Charges ‘Tipper’ in SAC Capital Insider Trading CaseAt SAC Capital, even the whistle-blower finds himself in the legal cross-hairs.
July 30, 2013
AIG downgrades its thriftThe move is the first apparent action by AIG following its July 2 designation as a SIFI.
July 30, 2013
AIG downgrades its thriftThe move is the first apparent action by AIG following its July 2 designation as a SIFI.
July 30, 2013
SEC’s White Pushing to Finish Fiduciary Proposal ‘Quickly’SEC Chairwoman Mary Jo White told lawmakers Tuesday that the agency is focused on completing rules covering fiduciary duty.
July 29, 2013
The Cost of a Fiduciary StandardA uniform fiduciary standard implemented by the Securities and Exchange Commission would cost brokers a total of $8 million in new compliance costs: $3 million to update their up-front disclosure documents and another $5 million for the initial build-out of compliance systems and training, according to the Securities Industry and...
July 29, 2013
Fiduciary Stumbling Blocks SurfaceSeveral potential stumbling blocks have surfaced in the past couple of months that could stymieor outright derailrelease of fiduciary rules by the SEC and DOL.
July 29, 2013
Compliance MattersSeveral notable compliance-related measures have been approvedor tabledby the Securities and Exchange Commission, Financial Industry Regulatory Authority and state securities regulators over the past couple of months that should be on advisors and brokers radar.