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.
Disclosure of CEO-to-worker pay may be soon
By Rebecca L. OlgeirsonThe rule would require reporting CEO compensation as a multiple of median-worker pay.
July 22, 2013
FINRA Beefs Up MBS TransparencyFINRA announced Monday that its Trade Reporting and Compliance Engine will now provide increased transparency in mortgage-backed securities issued by Fannie Mae, Freddie Mac, Ginnie Mae and in securities backed by SBA-guaranteed loans.
July 22, 2013
SEC Charges SAC Capital’s CohenThe SEC on Friday charged hedge fund advisor Steven Cohen, founder of SAC Capital Advisors, with failing to prevent two portfolio managers from insider trading.
July 19, 2013
Dodd-Frank regulations would fill 28 copies of ‘War and Peace’Would Tolstoy even read it?
July 19, 2013
Dodd-Frank regulations would fill 28 copies of ‘War and Peace’Would Tolstoy even read it?
July 19, 2013
GAO Suggests Requiring RIA Advice for Accredited InvestorsA GAO study recommends that the SEC require more liquid investments in private offerings or the use of an RIA for guidance as preferred means of protecting accredited investors.
July 18, 2013
DOL Fiduciary Redraft Has ‘Left the Station’The confirmation of Assistant Attorney General Tom Perez as the new secretary for the Department of Labor on Thursday will not hinder the DOLs release of its fiduciary reproposal, which the department says will come in October.
July 18, 2013
Enforcement Roundup: Barclays, Traders Fined $488M for Energy Market ManipulationAmong recent enforcement actions, the SEC fined Rajat Gupta $13.9 million for tipping off Raj Rajaratnam, and FERC fined Barclays and four of its former traders a combined $487.9 million for manipulating energy markets.