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.
SEC, FINRA Enforcement Roundup: Husband and Wife Divert Funds to Buy Home
By Marlene Y. SatterThe SEC filed charges against a husband and wife, who are executives of China-based RINO International Corp., and FINRA fined and censured Deutsche Bank Securities for reporting failures.
May 16, 2013
Obama fires IRS commissionerPresident Obama ousted the acting commissioner of the IRS late Wednesday amid an outcry over the improper targeting of tea party groups.
May 16, 2013
Obama fires IRS commissionerPresident Obama ousted the acting commissioner of the IRS late Wednesday amid an outcry over the improper targeting of tea party groups.
May 16, 2013
FSI Backs Bill Requiring SEC Cost-Benefit AnalysisH.R. 1062 would require SEC to conduct cost-benefit analyses before instituting rules. The White House opposes the measure.
May 16, 2013
House Bill to Require SEC, DOL Fiduciary CollaborationBut SECs Mary Jo White maintains SEC and DOL are "two different agencies"; says more exam "coverage" is needed for advisors.
May 16, 2013
IRS Scandal Has Charities Worrying About ‘Collateral Damage’Charitable nonprofits worry that investigations revving up in Washington over the IRS' targeting of conservative groups will further delay applications for tax-exempt status and impede their activities.
May 14, 2013
Richard Ketchum: The 2013 IA 25 Extended ProfileFINRA CEO Ketchum says that the regulator continues to believe current levels of advisor oversight and exams are "unacceptable and a risk to investors."
May 14, 2013
Pelosi: Obamacare largely responsible for bringing down deficit.With everyone twisting the reports to their advantage, its hard to tell how PPACA is affecting the deficit.