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.
Illinois Settles SEC Fraud Charge Over Pensions
By John O'ConnorGov. Pat Quinns administration admitted no wrongdoing in the way state officials borrowed money to pay pension obligations through $2.2 billion in municipal bond sales from 2005 to 2009.
March 25, 2013
Scant progress on jobs for disabled AmericansJust 18 percent of the disabled population is employed, down from 20 percent four years ago.
March 22, 2013
SEC Charges Hedge Fund Manager, BD CEO Belesis With FraudThe SEC on Friday charged a Houston-based hedge fund manager and his firm with defrauding investors and steering bloated fees to Thomas Belesis, CEO of John Thomas Financial.
March 22, 2013
SEC Charges Raj Rajaratnam’s Brother With Insider TradingRajarengan Rengan Rajaratnam was charged by the SEC Thursday for his role in the massive Galleon insider trading scheme.
March 21, 2013
Maine wants 10-year guarantee on Medicaid expansionUnder PPACA, the government picks up 100 percent of the cost the first three years, and 90 percent after that.
March 21, 2013
Boustany asks IRS about PPACA roleThe lawmaker is suggesting that the agency has understated health law staffing needs.
March 21, 2013
SEC Enforcement Roundup: CR Intrinsic Slapped With Record Insider Trading FineThe SEC settlement by CR Intrinsic was for $600 million, the largest ever in an insider trading case; meanwhile, a financier was charged in a scam involving pre-IPO Facebook stock.
March 20, 2013
7 Tips to Avoid SEC Compliance Audits When MarketingCompliance expert Nancy Lininger offers rules of thumb on avoiding the flags that SEC auditors are looking for in marketing materials.