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.
Former SEC Compliance Chief Tells White: Stop Suing Compliance Officers
By Melanie WaddellJohn Walsh gave new SEC Chairwoman Mary Jo White some blunt advice: stop suing compliance officers or the future of the profession may be at risk.
June 19, 2013
Fiduciary standard bill passed by House panelThe bill would create obstacles for establishing the uniform fiduciary standard, though enactment is considered unlikely.
June 19, 2013
SEC objects to new fiduciary barriersA bill sought by insurance agents "would make it difficult" to establish uniform rules for sale of products, says SEC's White.
June 18, 2013
DOL’s Borzi: Lawmakers Can’t Hold Back Fiduciary PlanEfforts by members of Congress to slow the DOLs reproposal of its fiduciary rule will have little to no effect, Phyllis Borzi, assistant secretary of DOLs Employee Benefits Security Administration, said Tuesday.
June 18, 2013
Bill would force DOL to let SEC fire first on fiduciaryThe Retail Investor Protection Act is a significantly revised version of Rep. Wagners first discussion draft.
June 18, 2013
California exchange clears fingerprinting hurdleA federal repository asked managers to show they had statutory authority
June 18, 2013
California exchange clears fingerprinting hurdleA federal repository asked managers to show they had statutory authority
June 18, 2013
SEC, FINRA, state exam execs lay out prioritiesPriorities include conflicts of interest, email retention, cybersecurity and some specific products, the executives said at the IRI legal and regulatory conference.