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.
Net Capital Gains Plunged 90% During Financial Crisis: IRS
By Michael S. FischerCapital gains fell while losses more than doubled from 2007 to 2009, according to the IRS' latest Statistics of Income Bulletin.
June 04, 2013
FINRA Whacks Wells Fargo, Merrill Lynch $5M Over Unsuitable Floating-Rate Bank Loan FundsFirms were fined $2.15 million and ordered to pay $3 million in restitution to customers for losses incurred from unsuitable sales of floating-rate bank loan funds.
June 03, 2013
FSOC votes AIG, Prudential are nonbank SIFIsThe historic vote to designate insurers under the Dodd-Frank Act means final designation could be within weeks.
June 03, 2013
SEC’s White Names Former Federal Prosecutor Rice as Chief CounselSEC Chairwoman Mary Jo White announced Monday that she has named Robert Rice, a former federal prosecutor, as her chief counsel.
May 31, 2013
15 Best Finance Tweets of the Month: MayPIMCOs Bill Gross, Zero Hedge and others weigh in on Fed Chairman Ben Bernankes congressional testimony; Ron Rhoades tells us what he really thinks about FINRA; and more in your May dispatch from the Twittersphere.
May 30, 2013
SEC to push money fund reform plan next weekAs SEC Chairwoman Mary Jo White warned in early May, the agency is poised next week to propose further changes.
May 30, 2013
SEC to push money fund reform plan next weekAs SEC Chairwoman Mary Jo White warned in early May, the agency is poised next week to propose further changes.
May 30, 2013
SEC Enforcement: Oil Firm Busted for Bribing Iran Official; Goldman VP Settles Pay-to-Play ChargeAmong recent actions by the SEC were charges against a French oil and gas company for bribery and against a Dallas-based trader for front-running. Also, a former Goldman Sachs vice president agreed to settle earlier pay-to-play charges.