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.
Industry girds for DOL fiduciary rule
By Arthur D. PostalAgents and brokers continue to fear that the new regulation, if finalized, would eliminate commissions and "price out" many American IRA holders from affordable financial advice.
January 28, 2013
SEC Charges Former Jefferies Exec With MBS FraudThe SEC on Monday charged a former executive at New York-based broker-dealer Jefferies & Co. with defrauding investors while selling mortgage-backed securities in the wake of the financial crisis.
January 25, 2013
Mississippi lawmakers hope to nullify PPACAThe state House Constitution Committee could debate a federal law neutralization panel bill.
January 25, 2013
Fidelity to SEC: Money Funds Don’t Need Further ReformFidelity Investments told the SEC on Friday that it believes the 2010 reforms made to money-market funds were sufficient and that any further reform proposals should be be based on data and facts that are accurate and complete.
January 24, 2013
SEC’s 16 Biggest Penalties Since Financial CrisisThe SEC recently released a roundup of its financial crisis enforcement actions, highlighting some of the more than 150 firms and individuals the agency has levied charges against since 2008.
January 24, 2013
SEC, FINRA Enforcement Roundup: Egan-Jones Settles Over False StatementsRecent enforcement actions taken by FINRA and the SEC include an order against Westor Capital and its president for misuse of customer shares and funds.
January 24, 2013
Jed Rakoff: The judge who rules on business (Fortune)Rakoff discusses the public revulsion of white collar crime and inflexible sentencing standards.
January 24, 2013
Mary Jo White to be new SEC chairThe former New York prosecuter will oversee the SEC's plan to create a uniform fiduciary standard rule.