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.
Feds draft group plan waiting period, exclusion regs
By Allison BellWhat if you lost your leg before you joined your employer's plan?
March 18, 2013
What I Learned at Our Compliance Conference, Pt. 2: What SEC Examiners Are PursuingWhat are the SEC's priorities in examining investment advisors? A look at OCIE's priorities, and at what may be the most underreported development in advisor exams.
March 14, 2013
The IAA Compliance Conference, Pt. 1: What to Expect From Your Friends in DCAt the Investment Adviser Associations annual compliance conference, a look at the significant legislative, regulatory and policy developments now being pursued and whats coming next, especially from the SEC.
March 14, 2013
Wirehouses Embrace FINRA Broker Bonus PlanThree wirehouses have given their OK to FINRAs plan to require that brokers recruitment packages be disclosed when they switch firms.
March 14, 2013
SEC, FINRA Enforcement Roundup: Phony Broker Charged for Soliciting $500MAmong recent actions by the SEC and FINRA were charges against a private equity firm, a former executive and an unregistered broker over some $500 million in improper investment solicitations.
March 14, 2013
FINRA Fines Jump in Suitability, Due DiligenceFines issued by FINRA last year totaled $78.2 million, a 15% jump from the $68 million levied in 2011, according to the law firm Sutherland Asbill & Brennan.
March 13, 2013
ESOPs: Great Tax-Wise for Business Owners, but Beware the DOLYour small-business-owning clients may be looking for ways to reduce or defer the taxes they will incur should they sell their business. An ESOP strategy can work well, but be wary of DOL inquiries.
March 12, 2013
Mary Jo White Commits to Reviewing Fiduciary CommentsMary Jo White told the Senate Banking Committee on Tuesday that she would commit to reviewing the request for public comment on the agencys fiduciary rule before releasing a proposal.